Report Summary 1. Report Industry Investment Rating - No information provided 2. Core Viewpoints of the Report - In 2025, the national carbon emissions trading market operated smoothly and orderly, with the trading scale continuously expanding. The carbon emission reduction awareness of key emission units in the national carbon market continued to strengthen, and the function of promoting low - cost emission reduction in the whole society became increasingly apparent. In the first week of January 2026, the carbon market price increased, and the total trading volume was 4,688,068 tons, with a total turnover of 35,201,190 yuan [4][5] 3. Summary by Relevant Catalog I. Carbon Market Weekly Overview - As of December 31, 2025, the cumulative trading volume of national carbon market allowances was 865 million tons, with a cumulative turnover of 57.663 billion yuan. In 2025, there were 3,378 key emission units under the national carbon market allowance management, including 2,087 in the power generation industry, 232 in the steel industry, 962 in the cement industry, and 97 in the aluminum smelting industry. The annual trading volume of allowances was 235 million tons, a year - on - year increase of about 24%, and the turnover was 14.63 billion yuan [4] - In the first week of January, the highest price of the national carbon market composite was 83.00 yuan/ton, the lowest was 72.50 yuan/ton, and the closing price was 75.96 yuan/ton, a 1.78% increase from the last trading day of the previous week. The trading volume of the listed agreement transaction was 535,037 tons, with a turnover of 41.2816 million yuan; the trading volume of the bulk agreement transaction was 4,153,031 tons, with a turnover of 310.7302 million yuan; there was no one - way bidding this week. The total trading volume of national carbon emission allowances was 4,688,068 tons, and the total turnover was 35,201,190 yuan [5] II. Market News - Sichuan Province formulated the "Implementation Plan for Improving the Carbon Market Capacity of the Power Generation, Cement, Steel, and Aluminum Smelting Industries in Sichuan Province", aiming to improve the carbon market capacity of relevant industries and achieve the goals of carbon peaking and carbon neutrality by 2027 [6] - On January 7, the State Administration for Market Regulation约谈ed major photovoltaic production enterprises and the photovoltaic association, requiring them not to agree on production capacity, sales prices, etc., and to submit written rectification measures by January 20 [6] - Shaanxi Province has completed the relevant work of the fourth compliance cycle of the national carbon emissions trading market, effectively improving the compliance ability and low - carbon transformation enthusiasm of key emission enterprises [6][7]
碳市场周报-20260109
Jian Xin Qi Huo·2026-01-09 11:40