Asia Pacific > SK Market: August auction undersubscribed ahead of compliance deadline, price growth potential seen limited

SK Market: August auction undersubscribed ahead of compliance deadline, price growth potential seen limited

Published 11:40 on August 14, 2024  /  Last updated at 11:40 on August 14, 2024  / /  Asia Pacific, South Korea

South Korea’s latest monthly CO2 permit auction was undersubscribed even with the annual compliance deadline rapidly approaching, with analysts expecting the permit price to remain at relatively low levels due to a lasting oversupply in the market.
South Korea’s latest monthly CO2 permit auction was undersubscribed even with the annual compliance deadline rapidly approaching, with analysts expecting the permit price to remain at relatively low levels due to a lasting oversupply in the market.


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