Week at a glance Activity on China’s national Carbon Emissions Allowance (CEA) market dropped significantly from the previous week to 81,830 tons. The complete absence of block trades, which historically accounts for 83% of the total volume, resulted in another quiet week in the national market. Activity across the nine China certified emission reductions (CCER) markets also decreased substantially from the previous week to a combined total volume of 125,614 tons. Sichuan led the markets...
Week at a glance Activity on China’s national Carbon Emissions Allowance (CEA) market recovered from the previous week’s low to 354,969 tons. Block trades have also returned from the previous week’s absence to sizable volumes on two of the five trading days, totaling 340,656 tons. However, with low volumes remaining, prices for open market transactions changed little throughout the week, closing 0.69% up from the previous week to 58.00 yuan/ton ($9.12/ton). The total volume-weighted...
Week at a glance China’s national Carbon Emissions Allowance (CEA) market saw activity dropping to pre- Chinese New Year’s holidays level during the past week, ending with a total volume of only 1,860 tons. Block trades were entirely absent. Open market transaction prices changed little, closing 0.52% lower than the previous week at 57.60 yuan/ton ($9.09/ton). The total volume-weighted average price for the week increased by 11% from the previous week to 57.17 yuan/ton ($9.02/ton)...
Week at a glance (Feb 28 – Mar 4, 2022) China’s national Carbon Emissions Allowance (CEA) market saw a significant drop in activity during the past week, ending with a total volume of 319,094 tons. Block trades only occurred on two trading days but accounted for almost all trades. Prices for open market transactions changed little throughout the week, closing 1% down from the previous week at 57.90 yuan/ton ($9.16/ton). The total volume-weighted average price for the week was 51.49...