WCI Markets: CCAs find support, reversing five-day plunge close to March lows

Published 02:52 on June 7, 2024  /  Last updated at 02:52 on June 7, 2024  / /  Americas, Canada, US

California Carbon Allowance (CCA) prices in the secondary market reversed course late Thursday after a week of sliding toward March lows on high ICE futures and options volume exacerbating the technical sell-off, market participants said, while Washington Carbon Allowances (WCA) declined heading into the second quarterly permit sale.
California Carbon Allowance (CCA) prices in the secondary market reversed course late Thursday after a week of sliding toward March lows on high ICE futures and options volume exacerbating the technical sell-off, market participants said, while Washington Carbon Allowances (WCA) declined heading into the second quarterly permit sale.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.