China’s Daqing Oilfield Co has recently traded 1,000 tons of liquefied CO2 through online bidding at a premium of 210 yuan ($30.37) per ton above the initial price, according to China Media Group.
The trade was conducted via the Dalian Petroleum Exchange, which has digitized the traditional offline trading method for petrochemicals and established a new trading approach for the Chinese liquefied CO2 market.
