October 2020: Korean Market Update


Korean Market Update


KAU19 allowances have been terminated on 2020 September 14, after the final completion of the 2019 compliance year. KAU19 prices closed at KRW 19,500 on the last day of trading, registering a drop of 16% and 52% in comparison with its inception and peak prices, respectively. Accumulated trade volume in the spot and OTC markets have reached about 29 million tons, slightly higher than KAU18's trade volume.  

KAU20 was indexed to main commodity, thereafter, and prices have been quite steady between KRW 21,000 - KRW 22,000. Intramarket trading has increased to an average of 20,000 tons daily, with September's volume increasing by three times compared to the previous month. 


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