Report Information - Report Title: National Carbon Market Market Briefing (Issue 167, 2025) [1] - Release Date: September 30, 2025 [3] Investment Strategy - Suggest gap enterprises to purchase in batches at low prices before the end of October [4] - The depletion of mandatory circulation quotas may support a carbon price reversal, expected in October, but signs may appear in Q3 [4] Core Logic - From September, key emission units will formulate trading plans, accelerating the release of mandatory circulation quotas and pressuring carbon prices [5] - By the end of October, as compliance pressure mounts and quota release nears completion, carbon prices may rise [5] Market Data CEA | Type | CEA19 - 20 | CEA21 | CEA22 | CEA23 | CEA24 | | --- | --- | --- | --- | --- | --- | | Closing Price (yuan/ton) | 65.00 | 59.00 | 60.00 | 52.48 | 53.38 | | Price Change (%) | 0.00% | 0.00% | 0.00% | -2.11% | -3.52% | | New - Old Price Difference (yuan/ton) | | -6.00 | 1.00 | -7.52 | 0.90 | | Bulk Transaction Average Price (yuan/ton) | N/A | N/A | N/A | 59.16 | 58.46 | | Single - Bidding Transaction Average Price (yuan/ton) | N/A | N/A | N/A | N/A | N/A | | Total Trading Volume (10,000 tons) | 0.00 | 0.00 | 0.00 | 27.75 | 331.78 | | Listing Agreement Trading Volume (10,000 tons) | 0.00 | 0.00 | 0.00 | 10.19 | 94.74 | | Bulk Agreement Trading Volume (10,000 tons) | 0.00 | 0.00 | 0.00 | 17.55 | | [6] CCER - Transaction Average Price: 68.00 yuan/ton, with a decline of 10.80% - Transaction Amount: 204,000 yuan - Trading Volume: 3,000 tons - Cumulative Trading Volume: 3,187,100 tons [8] Today's Market - CEA: The decline of the main target widened. The listing volume was 1.049 million tons, and the bulk volume was 2.546 million tons [11] - CCER: The listing agreement trading volume was 3,000 tons, and the transaction average price was 68.00 yuan/ton (-10.80%) [11]
全国碳市场行情简报（2025年第167期）-20251009
Guo Tai Jun An Qi Huo·2025-10-09 14:06