Week at a glance (May 23 – 27, 2022) China’s national Carbon Emissions Allowance (CEA) market reached a total weekly volume of 551,351 tons, continuing the upward trend that began in the previous week. Block trades again comprised the majority of the total weekly volume at 530,000 tons. Open market transaction prices hovered around the 59.00 yuan/ton ($8.81/ton) mark for the entire week, closing the week at that price. The volume-weighted average price for all of the week’s trades...
Week at a glance (May 16 – 20, 2022) China’s national Carbon Emissions Allowance (CEA) market had a total weekly volume of 200,050 tons, a substantial increase from the previous week but still well below 2022’s year-to-date weekly average. Block trades accounted for nearly all of the weekly volume with open market transactions setting an all-time low of 50 tons. The volume-weighted average price for block trades reached an average of 61.00 yuan/ton ($9.11/ton) for the week...
Week at a glance (May 9 – 13, 2022) China’s national Carbon Emissions Allowance (CEA) market had a total weekly volume of 113,708 tons, well below 2022’s year-to-date weekly average of 699,800 tons. The volume-weighted average price for block trades finished the week at an average of 60.00 yuan/ton ($8.84/ton), setting an all-time high. The volume-weighted average price for all of the week’s trades increased 3.68% to 59.93 yuan/ton ($8.83/ton).Activity across the nine China Certified...
Week at a glance (May 2 – 6, 2022) The trading week had only two trading days due to holidays, but China’s national Carbon Emissions Allowance (CEA) market still managed a total weekly volume of 790,020 tons, slightly above the year-to-date 2022 weekly average of 734,000 tons. The volume-weighted average price for all trades for the week increased 1.71% to 57.81 yuan/ton ($8.67/ton).Activity across the nine China Certified Emission Reductions (CCER) markets fell back to around the...
April’s trades in China’s national carbon emissions allowance (CEA) market ended with a total monthly volume of 1,450,528 tons, more than doubling the all-time low of March. This volume, however, is still the second lowest on record, reflecting the lack of incentives for market participants to be actively engaged in the market. Block trades were seen on 6 of the 19 trading days, accounting for 96.9% of the monthly total volume. Market prices held up well amid low volumes, with open market...
Week at a glance (April 25 – April 29, 2022) The total weekly volume of China’s national Carbon Emissions Allowance (CEA) market reached a two-month high of 939,303 tons, making a sharp recovery from its all-time low in the previous week. Open market transaction prices closed this week down 2% to 58.80 yuan/ton ($8.90/ton). This week’s volume-weighted average price for all trades decreased 5.3% to 56.84 yuan/ton ($8.60/ton), but still remained well above the all- time average of 43.53...