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Weekly Commentary: CCA market bullish reaction to Biden’s emissions targets; front hit all time high of $18.37

April 26, 2021 by Anant Jain

Summary: ICE secondary market reacted positively to President Biden’s announcement to slash emission by 50% from 2005 levels by 2030. Secondary market front gained $0.27 post-announcement, closing at $18.37.Front OI increased by 2.28M tons in the week Last week, the ICE secondary market reacted positively to Biden’s announcement aiming to slash…

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