Week at a glance Over the holiday-shortened trading week, China’s national carbon emissions allowance (CEA) market saw a substantial drop-off of trading volume from the previous week but had a slightly higher closing price. The CEA market ended the three-day trading week with a total volume of 11,572 tons, down 63.9% from the previous week. Block trades were again absent. Prices for open market transactions closed the week up 2.14% to 44.36 yuan/ton ($6.86/ton), while the volume-weighted...
Week at a glance China’s national carbon emissions allowance (CEA) market saw continued pick-up of activities from the previous week while prices further trended down. Total volume increased fivefold to 32,090 tons with a continued absence of block trades. The weekly closing price decreased 1.3 % to 43.43 yuan/ton ($6.72/ton). The market appears to be waiting for financial traders to be allowed to participate and for clarity on the reopening of CCER project registration and credit trading...
Week at a glance China’s carbon emissions allowance (CEA) market saw some recovery in trading volume after last week. Total volume increased almost tenfold to 6,312 tons, with no block trades. Closing prices decreased 1.5%, at RMB 44.00/ton (USD 6.83/ton). The downward price trend continued as traders held on to their credits, anticipating future price rises once financials are cleared to participate.The total volume of China certified emission reductions (CCER) decreased 32.3% to...
Week at a glance Over the past trading week (Aug 30-September 3), the China National Carbon Emissions Allowance (CEA) Market saw a very significant drop in trading volume to only 658 tons of open market transactions and no block trades. Price of CEA continued a slight downward trend, closing at RMB 44.67/ton. Emissions allowance submission will be due on September 30 for the 2020 compliance year for entities covered under the Shanghai Emissions Trading System (ETS).The total trading volume for...