Week at a glance (June 13 – June 17, 2022)
- Activity on China’s national Carbon Emissions Allowance (CEA) market slowed to a trickle, with a record low 50 tons of open market transactions for the entire week. Prices remained unchanged during the week at 59.00 yuan/ton ($8.78/ton) and closed the week at the same price.
- Activity across the nine China Certified Emission Reductions (CCER) markets plummeted from the previous week, totaling only 323,264 tons for the week. Shanghai led the markets with nearly 77% of the total volume. Sichuan’s CCERs traded at a weekly average price of 71.06 yuan/ton ($10.58/ton), well above that of the CEAs.