Core Viewpoint - The national carbon market in China has shown a positive trend with an increase in trading volume and prices, indicating growing activity and interest in carbon emissions trading [1] Trading Performance - The opening price of carbon emissions allowances was 60.99 yuan/ton, with a highest price of 61.96 yuan/ton and a lowest price of 60.02 yuan/ton, closing at 61.76 yuan/ton, which is a 1.53% increase from the previous day [1] - The total trading volume for the day was 3,353,693 tons, with a total transaction value of 193,421,783.05 yuan [1] - The agreement trading volume was 974,791 tons, amounting to 60,242,530.32 yuan, while the bulk agreement trading volume was 2,378,902 tons, totaling 133,179,252.73 yuan [1] Cumulative Data - From January 1 to November 18, 2025, the total trading volume of carbon emissions allowances reached 171,696,762 tons, with a total transaction value of 10,602,380,955.65 yuan [1] - As of November 18, 2025, the cumulative trading volume in the national carbon market was 801,965,426 tons, with a cumulative transaction value of 53,635,108,059.16 yuan [1]

Core Insights - The national carbon market in China has shown a price increase, with the closing price at 60.94 yuan per ton, up by 3.22% from the previous day [1] Trading Volume and Revenue - The total trading volume for carbon emission allowances today reached 4,202,878 tons, with a total transaction value of approximately 265.85 million yuan [2] - The agreement trading volume was 1,106,016 tons, generating a revenue of about 69.98 million yuan, while the bulk agreement trading volume was 3,096,862 tons, amounting to approximately 195.87 million yuan [2] Cumulative Data - From January 1 to November 11, 2025, the cumulative trading volume of carbon emission allowances in the national market was 156,105,513 tons, with a total transaction value of approximately 9.69 billion yuan [3] - As of November 11, 2025, the total cumulative trading volume reached 786,374,177 tons, with a cumulative transaction value of approximately 52.73 billion yuan [3]

Core Insights - The national carbon market in China experienced a price increase, with the closing price at 59.04 yuan per ton, up by 2.16% from the previous day [1][2] Price Summary - Opening price: 57.79 yuan/ton [2] - Highest price: 60.66 yuan/ton [2] - Lowest price: 57.72 yuan/ton [2] - Closing price: 59.04 yuan/ton [2] - Daily price increase: 2.16% [2] Trading Volume and Value - Total trading volume for the day: 3,005,646 tons [3] - Total trading value for the day: 178,836,058.63 yuan [3] - Volume for listed agreement trading: 1,080,386 tons, valued at 64,233,390.09 yuan [2] - Volume for bulk agreement trading: 1,925,260 tons, valued at 114,602,668.54 yuan [2] Cumulative Trading Data - From January 1 to November 10, 2025, cumulative trading volume: 151,902,635 tons, cumulative trading value: 9,427,773,354.71 yuan [4] - As of November 10, 2025, total cumulative trading volume: 782,171,299 tons, total cumulative trading value: 52,460,500,458.22 yuan [4]

Core Insights - The national carbon market in China experienced a price increase, with the closing price at 54.86 yuan per ton, reflecting a rise of 3.78% compared to the previous day [1] Trading Data Summary - The total trading volume for carbon emission allowances today was 1,399,363 tons, with a total transaction value of 73,447,292.03 yuan [1] - The breakdown of today's trading included 844,102 tons in listed agreement transactions valued at 44,910,195.57 yuan, and 555,261 tons in bulk agreement transactions valued at 28,537,096.46 yuan [1] - Since January 1, 2025, the cumulative trading volume of carbon emission allowances has reached 145,569,252 tons, with a total transaction value of 9,076,269,010.81 yuan [1] - As of November 6, 2025, the cumulative trading volume in the national carbon market stands at 775,837,916 tons, with a total transaction value of 52,108,996,114.32 yuan [1]

Core Insights - Ningxia has released a list of 68 key emission units in the power generation, steel, cement, and aluminum smelting industries for the year 2026, aiming to enhance the role of market mechanisms in controlling greenhouse gas emissions and promoting green low-carbon transformation [1] Group 1: National Carbon Market Overview - The national carbon market has been expanding since its launch in July 2021, with increasing policy incentives and constraints [1] - The newly added 21 key emission units in Ningxia are expected to increase carbon dioxide emissions coverage by approximately 31 million tons, enhancing the market's breadth and depth in the region [1] Group 2: Performance of Ningxia Enterprises - In the first compliance period, 35 key enterprises in Ningxia were included in quota management, with a total carbon dioxide emission of about 294 million tons and a quota compliance rate of 98.12% [2] - The number of enterprises under management increased to 39 in the second compliance period, with total emissions of approximately 327 million tons and 29 enterprises participating in trading, resulting in a significant increase in transaction volume and value [2] - In 2023, 37 key enterprises were managed, with emissions around 169 million tons and a compliance rate of 99.43%, indicating a sustained increase in market activity and enterprise participation [2] Group 3: Data Management and Future Goals - Reliable carbon emission data is essential for the stable operation of the national carbon market, emphasizing the importance of daily management of data quality [3] - The Ningxia Ecological Environment Department plans to enhance policy promotion and guidance to improve enterprises' carbon trading capabilities and management levels, aiming for a new stage in green low-carbon development [3]

Core Insights - The report highlights China's significant contributions to climate change mitigation and adaptation, showcasing its commitment to global climate governance and green development [2][3][4][5] Group 1: Climate Change Mitigation Efforts - In 2024, non-fossil energy is projected to account for 19.8% of China's total energy consumption, with coal consumption decreasing from 67.4% in 2013 to 53.2% [3] - The report indicates that the lithium battery and photovoltaic industries are expected to achieve double-digit growth in multiple indicators in 2024, with China's new energy vehicle production leading globally for ten consecutive years [3] - The national carbon market has entered a new phase, with a cumulative trading volume of 728 million tons and a transaction value of 49.83 billion yuan as of September 2025, marking a historical high for the market [4] Group 2: Global Climate Leadership - China has contributed to a significant reduction in global wind and solar power costs by over 60% and 80%, respectively, while creating 46% of global renewable energy jobs [4] - By the end of 2024, China has signed 54 climate cooperation agreements with 42 developing countries, enhancing their capacity to address climate change through various initiatives [4] - China's announcement of its 2035 national contribution targets aligns with the Paris Agreement, reflecting its commitment to international climate goals [5] Group 3: International Cooperation and Policy Stance - The report outlines China's basic stance for COP30, emphasizing the importance of multilateral cooperation, adherence to the UN Framework Convention on Climate Change, and promoting a just global green transition [5] - China remains committed to its climate actions and international cooperation efforts, regardless of changing global circumstances [5]

今日挂牌协议交易成交量421,568吨，成交额20,448,225.30元；大宗协议交易成交量1,105,615吨，成交额55,169,669.00元；今日无单向竞价。 今日全国碳排放配额总成交量1,527,183吨，总成交额75,617,894.30元。 2025年1月1日至11月3日，全国碳市场碳排放配额成交量141,188,515吨，成交额8,861,414,482.11元。 截至2025年11月3日，全国碳市场碳排放配额累计成交量771,457,179吨，累计成交额51,894,141,585.62元。 新华财经北京11月3日电据微信公众号"全国碳交易"，11月3日全国碳市场综合价格行情为开盘价51.54元／吨，最高价53.28元／吨，最低价51.54元／吨， 收盘价52.73元／吨，收盘价较前一日上涨1.48%。 | 名 称 | 价 格 | 单 位 | | --- | --- | --- | | 开 盘 | 51. 54 | 元/吨 | | 最 高 | 53. 28 | 元/吨 | | 最 低 | 51. 54 | 元/吨 | | 收 盘 | 52. 73 | 元/吨 | | 涨幅 | 1. 48% ...

Core Insights - The national carbon market is experiencing a downward trend in prices, with a significant drop of 10.37% in October, closing at 51.96 yuan per ton [1] - The trading volume in October reached 41.5625 million tons, showing a nearly 30% increase despite fewer trading days compared to September [1] - The average closing price for carbon emission allowances (CEA) in October was approximately 54.76 yuan per ton, down 12.4% from September [1] Market Dynamics - The fluctuations in carbon prices are attributed to market forces such as supply and demand, market expectations, trading behaviors, and psychological factors [2] - The Ministry of Ecology and Environment plans to enhance the carbon market's pricing function and optimize resource allocation for carbon reduction [2] Future Developments - The national carbon market aims to expand its coverage to major industrial sectors by 2027 and shift from intensity control to total volume control [3] - There will be a gradual tightening of allowances, enhancing their scarcity to better reflect the true cost of emissions reduction [3] - Efforts will be made to develop a voluntary emission reduction trading market and increase the market's vitality through green financial products [3]

今日全国碳排放配额总成交量3,516,789吨，总成交额177,248,042.01元。 | 名 称 | 价 格 | 单 位 | | --- | --- | --- | | 开 盘 | 52. 59 | 元/吨 | | 最 高 | 52. 59 | 元/吨 | | 最 低 | 51. 02 | 元/吨 | | 收 盘 | 51. 24 | 元/吨 | | 涨幅 | -0. 95% | | 今日挂牌协议交易成交量912,040吨，成交额40,433,363.76元；大宗协议交易成交量2,604,749吨，成交额 136,814,678.25元；今日无单向竞价。 新华财经北京10月29日电据微信公众号"全国碳交易"，今日全国碳市场综合价格行情为： 开盘价52.59 元／吨，最高价52.59元／吨，最低价51.02元／吨，收盘价51.24元／吨，收盘价较前一日下跌0.95%。 | | | 全国碳市场各年度碳排放配额成交情况(20251029) | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | ...

Core Points - The national carbon market opened at a price of 54.21 yuan/ton, with a closing price of 51.73 yuan/ton, reflecting a decrease of 3.69% from the previous day [1] - The total trading volume of carbon emission allowances today reached 5,477,083 tons, with a total transaction value of approximately 263.73 million yuan [3] - The cumulative trading volume of carbon emission allowances from January 1 to October 28, 2025, is 131,611,597 tons, with a total transaction value of approximately 8.41 billion yuan [4] Trading Activity - The agreement trading volume today was 582,256 tons, with a transaction value of approximately 26.61 million yuan, while the bulk agreement trading volume was 4,894,827 tons, with a transaction value of approximately 237.12 million yuan [2] - As of October 28, 2025, the cumulative trading volume of the national carbon market reached 761,880,261 tons, with a cumulative transaction value of approximately 51.44 billion yuan [5]