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全国碳市场行情简报(2025年第137期)-20250815
Guo Tai Jun An Qi Huo·2025-08-15 02:41

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Viewpoints of the Report - The exhaustion of mandatory circulation allowances may support a carbon price reversal, with an expected depletion by mid - early October, but anticipatory trading could lead to signs of a reversal in Q3 [5] - Before August, carbon prices may fluctuate due to slow release of mandatory circulation allowances and low trading willingness; starting from September, as compliance pressure builds, prices may rise [5] - The report suggests that enterprises with a carbon allowance gap should make phased purchases at low prices before the end of August [3] Group 3: Summary by Related Catalogs Carbon Emission Allowance (CEA) Market - CEA22 is stable, while the main target continues to decline. There are 160,000 tons for listing and 100,000 tons for bulk trading [3] - CEA19 - 20, CEA21, CEA22, CEA23, and CEA24 have closing prices of 71.34 yuan/ton, 70.00 yuan/ton, 70.80 yuan/ton, 72.42 yuan/ton, and 72.47 yuan/ton respectively, with CEA23 and CEA24 having a decline of - 0.29% and - 0.48% [7] - The total trading volume of CEA22, CEA23, and CEA24 are 100,000 tons, 56,900 tons, and 103,000 tons respectively [7] China Certified Emission Reduction (CCER) Market - The listing agreement trading volume is 80,000 tons, and the average trading price is 80.25 yuan/ton, a decrease of 2.53%. The trading amount is 6.5 million yuan, and the cumulative trading volume is 2.4808 million tons [3][9]