China Carbon Weekly Market Update – 12 September, 2022

Weeks at a glance (September 5 – September 9, 2022)

  • Activity in China’s national Carbon Emissions Allowance (CEA) market dropped to a measly 8,400 tons for the week, the lowest since its record low in the second week of June. Block trades were absent again for the third time in the last four weeks. Open market transactions closed the week flat at 58.00 yuan/ton ($8.37/ton). The volume-weighted average price of all of the week’s trades was up slightly from the previous week at 58.97 yuan/ton ($8.51/ton).
  • Activity across the nine China Certified Emission Reductions (CCER) markets surged from the previous week, totaling 162,216 tons for the week. Shanghai once again led the markets, followed by Shenzhen and Tianjin. Beijing and Sichuan also saw some trading activity. Open market trades made up all of Beijing’s 9,000-ton volume for the week, with a volume-weighted average price of 81.00 yuan/ton ($11.69/ton).
Share this report