Week at a glance (August 21 – August 25, 2023) Activity in China’s national Carbon Emissions Allowance (CEA) market remained high, closing the week with 2.9 million tons of total volume, only slightly lower than the 2023 high reached in the previous week. Both open market transactions and block trades kept their high activity momentum that started in the last week of July. Open market transaction prices set fresh all-time highs for the fourth week in a row. The weekly closing price for...
Week at a glance (August 14 – August 18, 2023) Activity in China’s national Carbon Emissions Allowance (CEA) market surged to a 2023 weekly total volume high of over 3 million tons. Block trades accounted for 96% of the total volume while open market transaction volume fell below its 2023 average. Prices for open market transactions continued their rapid increase, setting fresh all-time highs for the third week in a row. The weekly closing price for open market transactions jumped another...
Week at a glance (August 7 – August 11, 2023) Activity in China’s national Carbon Emissions Allowance (CEA) market hit a 5-week high, ending the week with a weekly total volume of over 836 thousand tons. Open market transactions maintained their above-average volume for the week while block trades also reached a 5-week high. Prices reached fresh all-time highs, replacing the previous highs set just a week before. The weekly closing price for open market transactions jumped nearly 6% from...
Week at a glance (July 31 – August 4, 2023) Activity in China’s national Carbon Emissions Allowance (CEA) market reversed from a three-week downward trend, increasing to end the week with a weekly total volume of over 554 thousand tons. Open market transactions surged from the previous week’s low volume to twice as much as their 2023 year-to-date weekly average. Block trades were also well above their 2023 weekly average. All price indicators reached their all-time highs during the week...