Korean Market Update

KAU19 allowances maintains its prices, despite frequent fluctuations, averaging at KRW 39,108 in February. Around 237,000 tons have been traded in the market with 67.9% going through the exchange.

The market has been short last year and it is expected that the shortfall will grow bigger this year due to a decrease in the total emissions brought by changes in the conversion sector. Market trade will be in full swing once the emissions statements are submitted at the end of March 2020.

[published: 2020-March-05]