Weekly Commentary: Allowance prices surge as volumes increase and traders shift positions to 2020 benchmark delivery

December 16, 2019 by Anant Jain

CaliforniaCarbon.info, December 16, 2019: Last week, allowance trading volumes on the InterContinental Exchange surged to 32,168,000 tons, fifty percent higher from the week before. Of this total traded volume, popular deliveries such as the Dec 19 and the Dec 20 took up forty-nine percent and thirty-two percent respectively. When compared…

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