NEWSLETTER
September 2020: Korean Market UpdateDOWNLOAD |
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Korean Market Update
KAU allowances have had historical volatile patterns but prices had a solid rise since the opening of the ETS market. However, this pattern has turned downward this year as an effect of the coronavirus pandemic. After reaching its highest peak of KRW 40,900 in December 2019, KAU19 prices broke two strong support levels, collapsing to KRW 15,000 on August 5, a few days before the compliance deadline. Prices has since rebounded, currently trading between KRW 19,000 – 20,000, last seen in compliance years 2016 and 2017. Trading of KAU19 units will cease after September 11. ------- **** -------- If you are a new guest and you wish to subscribe for the monthly copy of the newsletter, you may submit your information through our website or email us at ecoeye-int@ecoeye.com [2020-September-03]
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