Week at a glance (August 1 – August 5, 2022) Activity in China’s national Carbon Emissions Allowance (CEA) market dropped precipitously from the previous week due to a complete absence of block trades. The market ended the week at a total weekly volume of 74,296 tons, all of which came from open market transactions. Open market transaction prices closed the week at 58.50 yuan/ton ($8.65/ton), up 0.86% from the previous week. The volume-weighted average price for all of the week’s trades...

Week at a glance (July 25 – July 29, 2022) Activity in China’s national Carbon Emissions Allowance (CEA) market rose for two weeks in a row, ending the week at a total volume of 361,731 tons thanks to a strong showing of 300,000-ton block trades. Both the weekly total volume and the weekly block trade volume were near their historical medians. Open market transaction prices closed the week at 58.00 yuan/ton ($8.60/ton), up 1.75% from the previous week. The volume-weighted average price...

Week at a glance (July 18 – July 22, 2022) Activity in China’s national Carbon Emissions Allowance (CEA) market rebounded from a three-week decline, ending the week at a total volume of 235,054 tons. Block trades returned after a two-week absence to a volume of 150,000 tons on Thursday. Open market transaction prices closed the week at 57.00 yuan/ton ($8.44/ton), down 2.13%. The average price for the whole week’s trades was 58.81 yuan/ton ($8.71/ton). Activity across the nine China...

Week at a glance (July 11 – July 15, 2022) Activity in China’s national Carbon Emissions Allowance (CEA) market plummeted for the third week in a row to a weekly total volume of 30,024 tons. Open market transactions entirely accounted for the volume, as block trades were absent for the second consecutive week. Open market transaction prices gained ground after the previous week’s drop, halting a two-week price decline and closing the week at 58.24 yuan/ton ($8.62/ton), up 2.14%. In the...

Week at a glance (July 4 – July 8, 2022) Activity in China’s national Carbon Emissions Allowance (CEA) market dropped significantly for the second week in a row to a weekly total volume of 140,241 tons. Open market transactions entirely accounted for the volume, as block trades were absent for the week. Open market transaction prices lowered again after the previous week’s drop, closing the week down 1.69% to 57.02 yuan/ton ($8.52/ton). The average price for all of the week’s trades also...

Week at a glance (June 27 – July 1, 2022) Activity in China’s national Carbon Emissions Allowance (CEA) market dropped considerably from the previous week to a weekly total volume of 324,990 tons. However, open market transactions topped 120,000 tons for the first time since mid-January. Open market transaction prices closed the week down 3.33% to 58 yuan/ton ($8.66/ton). The average price for all of the week’s trades also dipped slightly from the previous week to 57.69 yuan/ton ($8...

Carbon market update (June 2022) Trading in China’s national carbon emissions allowance (CEA) market ended June with a monthly total volume of 770,290 tons, near the all-time monthly low set in March. Open market transactions did set an all-time monthly low of 290 tons. Block trades occurred on 5 of the 19 trading days but accounted for nearly all of the monthly total volume. The main factors for this low activity, according to some market observers, were 1) a lack of regulatory clarity on the...

Week at a glance (June 20 – June 24, 2022) Activity in China’s national Carbon Emissions Allowance (CEA) market saw a sharp rebound to a weekly total volume of 520,120 tons, most of which were block trades totaling 520,000 tons for the week. Open market transactions hovered near all-time lows. Block trade volume was well below the all-time weekly average but close to the 2022 year-to-date weekly average. Open market transaction prices closed the week at 60 yuan/ton ($8.97/ton), and the...

Week at a glance (June 13 – June 17, 2022) Activity on China’s national Carbon Emissions Allowance (CEA) market slowed to a trickle, with a record low 50 tons of open market transactions for the entire week. Prices remained unchanged during the week at 59.00 yuan/ton ($8.78/ton) and closed the week at the same price. Activity across the nine China Certified Emission Reductions (CCER) markets plummeted from the previous week, totaling only 323,264 tons for the week. Shanghai led the...

Week at a glance (June 6 – June 10, 2022) Activity on China’s national Carbon Emissions Allowance (CEA) market dropped significantly to a total weekly volume of 150,050 tons, breaking a four-week upward trend. Block trades again comprised nearly all of the total weekly volume at 150,000 tons. Open market transaction prices closed the week at 59.00 yuan/ton ($8.79/ton). The volume-weighted average price for all of the week’s trades increased 9.4% to 59.70 yuan/ton ($8.90/ton). Activity...