China Carbon Weekly Market Update – 6 June, 2022

Week at a glance (May 30 – June 3, 2022)

  • China’s national Carbon Emissions Allowance (CEA) market increased activity four weeks in a row, reaching a total weekly volume of 700,040 tons.  Block trades again comprised nearly all of the total weekly volume. Open market transaction prices stayed at the 59.00 yuan/ton ($8.86/ton) mark for the entire week, closing the week at that price. The volume-weighted average price for all of the week’s trades decreased 2.1% to 54.57 yuan/ton ($8.19/ton).
  • Sichuan was the only market that saw any activity across the nine China Certified Emission Reductions (CCER) markets, totaling 61,754 tons for the week. As the only active CCER market for the week, Sichuan had an average price of 74.59 yuan/ton ($11.20/ton) for its 2,159 tons of open market transactions.
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