COE Supply to Rise 2% for Feb-Apr 2024, Slowing from Prior Quarter's 27% Jump
- COE quota for Feb-Apr 2024 to increase by 2%, much slower than 27% increase in previous quarter
- Total COE supply will be 14,707 for Feb-Apr 2024
- Quotas increased for Cat A, B, and C COEs
- Cat C (goods vehicles & buses) quota up 4%
- COE prices rebounded on Jan 17 after falling to nearly 2-year lows in last exercise