NA Markets: California allowances edge back to floor price ahead of May auction

Published 21:25 on May 12, 2020  /  Last updated at 00:12 on May 13, 2020  /  Americas, Canada, US  /  No Comments

California Carbon Allowances (CCAs) transacted at the WCI floor price on the secondary market for the first time since mid-March on Tuesday, with traders attributing the higher values to increased demand ahead of the Q2 auction.

California Carbon Allowances (CCAs) transacted at the WCI floor price on the secondary market for the first time since mid-March on Tuesday, with traders attributing the higher values to increased demand ahead of the Q2 auction.

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