China Carbon Market Monthly Snapshot – June 2026

A concise review of trading activity in China's carbon markets for the month, presented by Climate Bridge.

1. Carbon Emission Allowance (CEA) Market

Monthly Activity & Trend: Trading activity continued its upward trajectory in June, with monthly volume reaching a new high for the year. The total monthly volume reached 12.91 million tonnes, generating a turnover of RMB 1,040.46 million. Compared to May 2026, this represents a 16.22% increase in volume and a 17.42% increase in turnover.

Price Performance: The daily average price ranged between a high of RMB 83.34/tonne and a low of RMB 70.66/tonne. The market closed the month at RMB 83.34/tonne, marking a 5.37% increase from the May closing price of RMB 79.10/tonne.

Trading Breakdown:

● Listed Agreements: 4.93 million tonnes (RMB 405.34 million).

● Bulk Agreement: 7.98 million tonnes (RMB 635.12 million).

● One-way Bidding: No transactions.

2. China Certified Emission Reduction (CCER) Market

Monthly Activity & Trend: CCER trading surged in June, with volume rising to 2.28 million tonnes (Turnover: RMB 188.33 million). Compared to May 2026, this is a 149.94% increase in volume and a 147.25% increase in turnover.

Price Performance: CCER prices remained stable despite the sharp volume increase. The daily average price floor edged down to RMB 80.85/tonne, while the daily high moderated slightly to RMB 89.38/tonne. The month-end average price settled at RMB 83.36/tonne, representing a 0.22% decrease from the previous month-end average price of RMB 83.54/tonne.

3. Regional Pilot Carbon Markets

Collective Performance: Combined listed agreements trading of emission allowances across China's eight pilot markets totalled 1.09 million tonnes in June (Turnover: RMB 49.72 million). This reflects an 382.84% increase in volume and a 397.65% increase in value compared to May 2026.

_{Data compiled by Climate Bridge based on publicly available information. Data source: Shanghai Environment and Energy Exchange, China Beijing Green Exchange, Tianjin Climate Exchange, Guangzhou Emissions Exchange, Shenzhen Green Exchange, Hubei Carbon Emission Exchange, Chongqing Emission Exchange, Fujian Haixia Resources and Environment Exchange.}

Interested in deeper insights?

To discuss China's carbon market trends and uncover potential opportunities, feel free to reach out to us at: solution@climatebridge.com

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