Weeks at a glance (March 6 – March 10, 2023) Activity on China’s national Carbon Emissions Allowance (CEA) market further decreased from its 2023 high set two weeks before, ending the week with a total volume of 203,020 tons. The vast majority of the week’s volume came on Tuesday when 200,000 tons of blocks were traded. Open market transaction prices remained stable, closing the week at 56.00 yuan ($8.04) per ton, unchanged from the previous week. The volume-weighted price for all of the...
Monthly carbon market update (February 2023) Activity in China’s national carbon emissions allowance (CEA) market recovered from January’s second-lowest monthly volume on record, totaling over 1.8 million tons for February. Block trades came back from a complete absence in January, accounting for 86% of the February total volume. The majority of the block trade volume came on a single day’s trading on February 24. Market prices remained stable amid volume swings, suggesting a tepid market...