Jul 21, 2023 07:03 PM

RESEARCH & ANALYSIS

China Carbon Watch: Trading Hits Highest This Year

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Trading in China’s national carbon emissions allowance market jumped to the highest this year in June, totaling 2.3 million tons, up 87% from May.

Roughly all of the increase came from open market transactions, which reached 1.2 million tons.

　

Open market transactions closed at a 17-month high of 60 yuan ($8.30) per ton in June. Their volume-weighted average price for the month was 57.53 yuan per ton.

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