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    Home > Chemicals Industry > Rubber Plastic News > Soaring carbon prices

    Soaring carbon prices

    • Last Update: 2022-09-16
    • Source: Internet
    • Author: User
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    The EU carbon price hit a record high, with an annual average price of EUR 53.


    In 2021, countries around the world are actively promoting carbon neutrality, and the carbon market will enter a period of vigorous development


    In 2021, countries around the world are actively promoting carbon neutrality, and the carbon market will enter a period of vigorous development


    Europe has raised its emission reduction targets, combined with skyrocketing natural gas prices and a substantial increase in coal power generation.


    Since the winter of 2021, in the case of insufficient renewable energy power generation, the price of natural gas in Europe has reached a new high, and fossil energy power generation has increased, resulting in an increase in the demand for carbon allowances, superimposed on the relatively mature financial derivatives in the European carbon market and the allocation of carbon allowances in 2021.


    On July 16, 2021, China's carbon market was launched for trading.


    After the national carbon market was launched, the closing price of carbon allowances on the first day was 51.


    The price trend of carbon allowances across the country is generally “high at both ends and low in the middle”.


    From mid-August to mid-December 2021, due to the large overall allowance surplus in the national carbon market and the strong willingness of power generation companies to sell, the national carbon market has been in a buyer's market with oversupply during this period, and has always remained at 41-43 yuan.
    Slight fluctuations within the / ton range

    .
    From December 15, 2021 to the end of the year, as 95% of key emission units have completed their compliance, the transaction volume of the national carbon market has begun to shrink gradually, but there are still some companies that have not yet completed their compliance and are eager to purchase carbon allowances on the disk.
    At the same time, seller companies appear Reluctant to sell, the price of carbon allowances has risen sharply.
    On December 30, 2021, the listing closing price was 57.
    06 yuan / ton, the second highest since the listing

    .
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