Guangdong DRC will reduce the auctioned allowances for year 2015

16 September 2015 – According to the allowance allocation plan for 2015, which is issued by Guangdong DRC, The total amount of auctioned allowances for 2015 will be reduced to 2 million tons, much less than the figure for 2014  (8 million tons)

there are still 4 auctions  in 2015, which will be held respectively in Sep, 2015, Dec 2015, Mar 2016 and June 2016.

Besides, the lowest effective price will replace the floor price for the auction. It is 80% of the average market price of the last three months before auction day.

For the first auction in Sep, the lowest effective price is CNY 12.84 / ton.