Week at a glance
- China’s national Carbon Emissions Allowance (CEA) market saw activity dropping to pre- Chinese New Year’s holidays level during the past week, ending with a total volume of only 1,860 tons. Block trades were entirely absent. Open market transaction prices changed little, closing 0.52% lower than the previous week at 57.60 yuan/ton ($9.09/ton). The total volume-weighted average price for the week increased by 11% from the previous week to 57.17 yuan/ton ($9.02/ton).
- Activities across the nine China certified emission reductions (CCER) markets declined 23% from the previous week to a total volume of 311,065. Tianjin led the markets, accounting for nearly 2/3 of the total volume.