China Carbon Weekly Market Update – Oct 11, 2021

Week at a glance

China’s national carbon emissions allowance (CEA) market came back from the week- long National Day holiday for a single trading day during the week on October 8, where only 3,000 tons of CEAs changed hands on the open market with a closing price of 44.08 yuan per ton ($6.84).
Only three out of the nine CCER markets saw any activities on this single trading day, with a combined volume of 460,748 tons.
A weekly data analysis shows that block trades have dominated the national CEA market on both volume and prices.

The MVGX platform is operated by MetaVerse Green Exchange Pte. Ltd. (“MVGX”) and its subsidiaries, including MetaComp Pte. Ltd. (“MetaComp”). MVGX is regulated by the Monetary Authority of Singapore as a Capital Markets Services (CMS) licensee for Dealing in Capital Markets Products, providing custodial services, and a Recognised Market Operator (RMO). MVGX only serves non-retail customers (i.e accredited investors and institutional investors) under its RMO status and CMS license in Singapore. The provision of digital payment token services, including the operation of a Digital Payment Token Platform, under the MVGX platform is undertaken by MetaComp, which has obtained the Major Payment Institution (MPI) licence under the Payment Services Act.

Week at a glance

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