NA Markets: California allowances continue retracement, RGGI dips despite increased buying

Published 22:38 on June 13, 2019  /  Last updated at 22:38 on June 13, 2019  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices plummeted by double-digits over the week, a move traders attributed to options positions and post-auction regrouping, while RGGI allowances (RGAs) also dropped despite a surge of activity on the secondary market.

California Carbon Allowance (CCA) prices plummeted by double-digits over the week, a move traders attributed to options positions and post-auction regrouping, while RGGI allowances (RGAs) also dropped despite a surge of activity on the secondary market.

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