Buyers starting to queue
24 Mar 2015
Carbon traded at $6.50 yesterday, with on-going bidding interest at $6.45 and little offering interest about. OMFinancial reports:
This market is starting to look like it will bust higher as we are beginning to see a queue of buying interest emerging, and while it’s generally been a quiet period in our ETS, this is the first time it’s been a domestic-only scheme, and,being a market based tax – its likely many participants will just buy without regard to price.
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