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...
Week at a glance Over the holiday-shortened 4-day trading week, China’s national carbon emissions allowance (CEA) market saw a trading volume surge to 9,157,992 tons but had a lower closing price than the previous week, down 4.85% to 42.21 yuan/ton ($6.55/ton). Block trades came back for the first time in 5 weeks with a volume of 8,983,359 tons. Most of the block trades (8,403,359 tons) took place on September 30, making it the most active day on record.About 90% of the entities covered...
Week at a glance Over the holiday-shortened trading week, China’s national carbon emissions allowance (CEA) market saw a substantial drop-off of trading volume from the previous week but had a slightly higher closing price. The CEA market ended the three-day trading week with a total volume of 11,572 tons, down 63.9% from the previous week. Block trades were again absent. Prices for open market transactions closed the week up 2.14% to 44.36 yuan/ton ($6.86/ton), while the volume-weighted...
Week at a glance China’s national carbon emissions allowance (CEA) market saw continued pick-up of activities from the previous week while prices further trended down. Total volume increased fivefold to 32,090 tons with a continued absence of block trades. The weekly closing price decreased 1.3 % to 43.43 yuan/ton ($6.72/ton). The market appears to be waiting for financial traders to be allowed to participate and for clarity on the reopening of CCER project registration and credit trading...
Week at a glance China’s carbon emissions allowance (CEA) market saw some recovery in trading volume after last week. Total volume increased almost tenfold to 6,312 tons, with no block trades. Closing prices decreased 1.5%, at RMB 44.00/ton (USD 6.83/ton). The downward price trend continued as traders held on to their credits, anticipating future price rises once financials are cleared to participate.The total volume of China certified emission reductions (CCER) decreased 32.3% to...
Week at a glance Over the past trading week (Aug 30-September 3), the China National Carbon Emissions Allowance (CEA) Market saw a very significant drop in trading volume to only 658 tons of open market transactions and no block trades. Price of CEA continued a slight downward trend, closing at RMB 44.67/ton. Emissions allowance submission will be due on September 30 for the 2020 compliance year for entities covered under the Shanghai Emissions Trading System (ETS).The total trading volume for...
Week at a glance Over the past trading week (Aug 23-27), the China National Carbon Emissions Allowance (CEA) Market saw a hefty decrease in total trading volume but maintained a steady overall price. The total volume for the China Certified Emission Reduction (CCER) across all 9 regional markets increased by 5.5% from the previous week while individual markets saw widely different changes.The city of Shenyang is expected to launch its local emissions trading system (ETS) in September, making it...
Week at a glance For the trading week of August 16 through August 20, the China National Carbon Emissions Allowance (CEA) Market closed at RMB 49.00/ton with a weekly total volume of 1,422,012 tons. Regular open-quote trades totaled 22,012 tons while block trades totaled 1,400,000 tons. As of August 20, the national CEA market had a cumulative CEA trading volume of 7,940,844 tons and an average price of RMB 49.55/ton (USD 7.62/ton) including block trades. Compared to the week before, prices...
Week at a glance For the trading week of August 9 through August 13, the China National Carbon Emissions Allowance (CEA) Market closed at RMB 54.00/ton with a weekly total volume of 379,868 tons, which included a block trade1 of 279,856 tons. The week also saw a continued trend of relatively high prices and low volume after the first day of trading at the launch of the national CEA market on July 16. Several factors may explain this low volume-limited market participants, ample emissions...