Asia Pacific > SK Market: Korean auction price continues to fall amid dwindling buy interest

SK Market: Korean auction price continues to fall amid dwindling buy interest

Published 09:51 on February 8, 2023  /  Last updated at 09:51 on February 8, 2023  / /  Asia Pacific, South Korea

South Korea on Wednesday sold fewer than 70% of the permits on offer at its monthly KAU auction, with the clearing price continuing to fall as the national carbon market has been hampered by the oversupply of CO2 units.
South Korea on Wednesday sold fewer than 70% of the permits on offer at its monthly KAU auction, with the clearing price continuing to fall as the national carbon market has been hampered by the oversupply of CO2 units.


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