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    Home > Chemicals Industry > China Chemical > The national carbon market turnover is 355 million yuan in the first month

    The national carbon market turnover is 355 million yuan in the first month

    • Last Update: 2021-08-28
    • Source: Internet
    • Author: User
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    Since the national carbon emissions trading market was officially launched for trading on July 16, it has recently ushered in a full moon
    .
    Up to now, the national carbon market has been operating steadily, with prices rising steadily and accumulative transactions exceeding 355 million yuan


    .


    The latest statistics from the Shanghai Environmental Energy Exchange show that as of August 16, the cumulative trading volume of the national carbon market carbon emission allowances (CEA) was 7,118,800 tons, and the cumulative trading volume exceeded 355 million yuan
    .
    According to Lai Xiaoming, chairman of the Shanghai Environment and Energy Exchange, since the national carbon market went online, the market has been running smoothly, with prices rising steadily, from 48 yuan/ton to 61.


    07 yuan/ton when it went online


    According to relevant statistics, in the 22 trading days of the full moon of the national carbon market, the CEA average daily transaction volume was 319,000 tons
    .
    In terms of transaction methods, the transaction volume of the listing agreement was 5.


    439 million tons, accounting for 77.


    After analyzing the above data, Yang Yu, general manager of the research and innovation department of Huabao Securities, believes that nearly 80% of the trading volume in the national carbon market is listed agreement trading, and nearly 60% occurs on the first day of market opening.
    After deducting the first day, the average daily trading volume is about 120,000 tons
    .
    In terms of price fluctuations, from the perspective of the closing price of the listing agreement transaction, the CEA price has fluctuated and increased since the opening of the market, and the daily closing price was not lower than the closing price of the first day of opening


    .


    Lai Xiaoming said that the current low trading volume of the national carbon market is mainly due to two reasons.
    One is that so far, the opening rate of corporate trading accounts has been around 80%
    .
    Second, most of the companies included in the transaction have not participated in local pilot transactions, and their understanding of carbon trading related processes, management methods, and management awareness is still lacking, and the willingness of companies to participate in market transactions needs to be improved


    .


    Lai Xiaoming also revealed that measures such as promoting emission control companies to trade as soon as possible, incorporating more high-emission industries, and accelerating institutional investors' entry into the market are all being actively promoted
    .
    "Strive to reach an initial active state in the national carbon market by the end of the year


    .


    Industry insiders also pointed out that the current carbon market trading situation as a whole is in line with expectations
    .
    In the next step, the national carbon market needs to increase market activity in multiple dimensions, which can be promoted by increasing trading varieties, incorporating other types of trading entities, and expanding industry coverage


    .


    Ministry of Ecology and Environment spokesperson Liu Youbin previously stated that in the next step, the Ministry of Ecology and Environment will work with relevant departments to promote the promulgation of the "Interim Regulations on the Management of Carbon Emissions Trading" as soon as possible and establish a sound national carbon market joint supervision mechanism
    .
    On the basis of the good operation of the carbon market in the power generation industry, expand the industry coverage, gradually incorporate more high-emission industries, gradually enrich the types of transactions, trading methods and trading entities, and increase market activity


    .


    It is reported that relevant departments and industry associations are now stepping up to figure out the carbon emissions of key industries such as steel, building materials, non-ferrous metals, petrochemicals, and chemicals, in preparation for these industries to enter the national carbon emissions trading market
    .

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