Surplus weighed on WCI current vintage auction, traders say

Published 22:33 on November 28, 2018  /  Last updated at 22:33 on November 28, 2018  /  Americas, Canada, US  /  No Comments

Compliance entities and speculators took a less aggressive bidding approach to the November WCI current vintage auction because of the market's growing allowance surplus and limited ability or desire to hold that length, numerous traders told Carbon Pulse.

Compliance entities and speculators took a less aggressive bidding approach to the November WCI current vintage auction because of the market’s growing allowance surplus and limited ability or desire to hold that length, numerous traders told Carbon Pulse.

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