Week at a glance (September 18 – September 22, 2023) Activity in China’s national Carbon Emissions Allowance (CEA) market stabilized from a steep drop from the 2023 high set two weeks before, closing the current week with 7.1 million tons of total volume, nearly a 20% increase from the previous week. Both open market transactions and block trades saw a similar percentage increase. Among the 7.1 million tons of weekly total volume, 2.7 million came from the 2019-2020 vintage, 1.3 million...
Monthly carbon market update (August 2023) Trading in China’s national carbon emissions allowance (CEA) market in August jumped to its highest monthly total volume so far in 2023, reaching nearly 13.4 million tons, well above the average of 9.8 million tons for all past monthly totals. Both open market transactions and block trades reached their 2023 volume highs. According to the allowance allocation rules and distribution schedule announced in March, the final 2021 and 2022 vintage CEAs were...
Week at a glance (September 11 – September 15, 2023) Activity in China’s national Carbon Emissions Allowance (CEA) market dropped nearly 60% from the 2023 high set in the previous week, closing the week with 5.9 million tons of total volume. Block trades accounted for all of the decrease. At the same time, however, open transactions increased substantially. Among the 5.9 million tons of weekly total volume, 0.7 million came from the 2019-2020 vintage, 2.6 million from the 2021 vintage...
Week at a glance (September 4 – September 8, 2023) Activity in China’s national Carbon Emissions Allowance (CEA) market continued to rise to a new 2023 high for the second consecutive week, closing the week with 14.6 million tons of total volume. Among this volume, 1.4 million came from the 2019-2020 vintage, 10.7 million from the 2021 vintage, and 2.5 million from the 2022 vintage. The 2021 vintage saw a near five-fold volume increase while the 2022 vintage decreased by 27%. Open market...
Week at a glance (August 28 – September 1, 2023) Activity in China’s national Carbon Emissions Allowance (CEA) market jumped to a 2023 high, closing the week with 6.46 million tons of total volume. Both open market transactions and block trades reached their 2023 highs as well. The market has been active since the last week of July when the 2021 and 2022 allowances were determined and distributed to covered entities. Starting on Monday, August 28, allowances have been traded separately...