More COE supply incoming for upcoming quarter
29 Jan 2024|10,724 views
The LTA has announced the COE quota for the quarter from February to April 2024.
The total number of COEs available for the quarter is now a total of 14,707, larger than the total of 14,388 COEs available in the quarter from October 2023 to January 2024.
The LTA also states that from this upcoming quarter onwards, it will also bring forward the guaranteed deregistrations of five-year non-extendable Category D COEs to reduce quota supply volatility. This quarter is seeing a total of 312 COEs for Category D added from future guaranteed deregistrations.
The breakdown of available COE supply across all categories is reproduced in the table below:
Cat A | Cat B | Cat C | Cat E | |
Total Quota for Nov 2023 to Jan 2024 | 5,513 | 3,800 | 1,129 | 841 |
Total Quota for Feb 2024 to Apr 2024 | 5,609 | 3,895 | 1,170 | 928 |
Net change | +96 | +95 | +41 | +87 |
% change | +1.7% | +2.5% | +3.6% | +10.3% |
The next quota announcement for the bidding period of May 2024 to July 2024 will be made in April 2024.
The LTA has announced the COE quota for the quarter from February to April 2024.
The total number of COEs available for the quarter is now a total of 14,707, larger than the total of 14,388 COEs available in the quarter from October 2023 to January 2024.
The LTA also states that from this upcoming quarter onwards, it will also bring forward the guaranteed deregistrations of five-year non-extendable Category D COEs to reduce quota supply volatility. This quarter is seeing a total of 312 COEs for Category D added from future guaranteed deregistrations.
The breakdown of available COE supply across all categories is reproduced in the table below:
Cat A | Cat B | Cat C | Cat E | |
Total Quota for Nov 2023 to Jan 2024 | 5,513 | 3,800 | 1,129 | 841 |
Total Quota for Feb 2024 to Apr 2024 | 5,609 | 3,895 | 1,170 | 928 |
Net change | +96 | +95 | +41 | +87 |
% change | +1.7% | +2.5% | +3.6% | +10.3% |
The next quota announcement for the bidding period of May 2024 to July 2024 will be made in April 2024.
Latest COE Prices
September 2024 | 2nd BIDDING
NEXT TENDER: 09 Oct 2024
CAT A$98,524
CAT B$110,001
CAT C$74,000
CAT E$113,104
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