COEs rise slightly in Oct Round 2

COEs rise slightly in Oct Round 2

COEs rose by about $1,000 in each category for the second round of October's bidding exercise.

OneShift Editorial Team
OneShift Editorial Team
21 Oct 2015

Small car COEs rose by $1,300 to $57,301.

Category B certificates went up slightly more, just under $1,700 to close at $59,889.

Open category COEs are up $1,199 to exactly $60,000.

These recent results have shown a fairly stable supply and demand in the current market for new cars considering premiums have been hovering near the $60,000 mark across all categories with only minor fluctuations each bid.

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