Week at a glance (May 2 – 6, 2022)
- The trading week had only two trading days due to holidays, but China’s national Carbon Emissions Allowance (CEA) market still managed a total weekly volume of 790,020 tons, slightly above the year-to-date 2022 weekly average of 734,000 tons. The volume-weighted average price for all trades for the week increased 1.71% to 57.81 yuan/ton ($8.67/ton).
- Activity across the nine China Certified Emission Reductions (CCER) markets fell back to around the market’s 10-month weekly low—which it reached three weeks ago—to a combined total volume of 18,466 tons this week. Shenzhen and Beijing led the markets, a rare break from the dominance of the Tianjin-Shanghai-Sichuan trio in recent months.