China’s national emissions allowance (CEA) market traded 11.11 million tonnes in May 2026 at a combined transaction value of CNY 886 million, according to data published by Carbon Trading Network (碳排放交易网), citing First Financial (第一财经). Activity was split between listed negotiated trades — 3.76 million tonnes worth CNY 307 million — and bulk block trades, which accounted for the larger share at 7.34 million tonnes and CNY 580 million. A minor 1,000 tonnes were also transacted viafor a total consideration of CNY 80,430. CEA prices ranged between CNY 73.89 and CNY 85.01 per tonne over the month, and the final-session closing price was 1.60% above April’s end-of-month close. Cumulative CEA trading since the market’s inception reached 905 million tonnes through 31 May 2026, with aggregate turnover of CNY 60.71 billion.
China’s national China Certified Emission Reduction (CCER) market recorded 910,300 tonnes of trades in May at an average price of CNY 83.67 per tonne, generating total transaction value of CNY 76.17 million. The end-of-month daily average price of CNY 83.54 per tonne represented a 0.82% decline from the April closing average of CNY 84.23 per tonne. Cumulative CCER volume since the market’s launch stood at 12.90 million tonnes as of 31 May 2026, with total aggregate value of CNY 953 million.
Carbon Market Context
> The DATA CONTEXT supplied does not contain methodology figures, market statistics, or policy items directly relevant to China’s national ETS or CCER trading data. This section is omitted to avoid introducing outside material.
Source
- 全国碳市场和全国CCER市场5月份交易数据概况碳排放交易网, 2026-06-16