China's national carbon market closes higher on Aug 25, total volume hits 1.024 mln tonnes

Shanghai Environment and Energy Exchange data showed that on Aug 25, the national carbon market comprehensive price opened at 98.90 yuan/t, hit a high of 98.90 yuan/t and a low of 97.70 yuan/t, closing at 98.32 yuan/t, up 0.51% from the previous trading day. Listed contract trading volume reached 244,000 tonnes with a turnover of 23.99 million yuan ($3.54 million), while bulk contract trading volume totaled 780,000 tonnes with a turnover of 76.22 million yuan, with no one-way bidding conducted. Total allowance volume traded in the national carbon emission trading market reached 1,024,000 tonnes, with total turnover of 100.21 million yuan.

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