Close
International Enquiries
Mainland China Enquiries
A concise review of trading activity in China's carbon markets for the month, presented by Climate Bridge.
Monthly Activity & Trend: Trading continued to gain momentum in May, with monthly volume reaching its highest level so far this year. The total monthly volume reached 11.11 million tonnes, generating a turnover of RMB 886.14 million. Compared to April 2026, this represents a 23.22% increase in volume and a 31.88% increase in turnover.
Price Performance: The daily average price ranged between a high of RMB 83.71/tonne and a low of RMB 77.34/tonne. The market closed the month at RMB 79.10/tonne, marking a 0.87% increase from April closing price of RMB 78.42/tonne.
Trading Breakdown:
● Listed Agreements: 3.76 million tonnes (RMB 306.54 million).
● Bulk Agreement: 7.34 million tonnes (RMB 579.52 million).
● One-way Bidding: 1,000 tonnes (RMB 80,430).
Monthly Activity & Trend: CCER trading rebounded in May, with volume rising to 0.91 million tonnes (Turnover: RMB 76.17 million). Compared to April 2026, this is a 49.60% increase in volume and a 47.70% increase in turnover.
Price Performance: CCER prices remained range-bound. The daily average price floor held steady at RMB 83.00/tonne, while the daily high moderated to RMB 90.00/tonne. The month-end average price settled at RMB 83.54/tonne, representing a 0.82% decrease from the previous month-end average price of RMB 84.23/tonne.
Collective Performance: Combined listed agreements trading of emission allowances across China's eight pilot markets totalled 0.22 million tonnes in May (Turnover: RMB 9.86 million). This reflects an 23.89% decrease in volume and a 36.93% decrease in value compared to April 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.
To discuss China's carbon market trends and uncover potential opportunities, feel free to reach out to us at: solution@climatebridge.com
.jpg)
