Americas > ANALYSIS: Traders expect scant buying interest at WCI Q2 auction amid COVID-19 pandemic

ANALYSIS: Traders expect scant buying interest at WCI Q2 auction amid COVID-19 pandemic

Published 18:56 on May 19, 2020  /  Last updated at 23:46 on May 19, 2020  / Dan McGraw /  Americas, Canada, US

WCI participants anticipate limited demand for California Carbon Allowances (CCAs) at Wednesday's joint sale after prices crashed on the secondary market this spring, which allowed compliance entities to pick up permits at a much cheaper rate than the auction floor price.
WCI participants anticipate limited demand for California Carbon Allowances (CCAs) at Wednesday's joint sale after prices crashed on the secondary market this spring, which allowed compliance entities to pick up permits at a much cheaper rate than the auction floor price.


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