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December 2022: Light bearish price amidst bullish trade activities towards year end


  • Whereas the CEA price was stable, trade volume reached a record high during December 2022
  • In most regional pilots, closing prices experienced no big fluctuation and trade volumes increased significantly (exception was the Beijing pilot)
  • The majority of CCERs were traded in the Tianjin pilot, no CCER was traded in the Guangdong, Hubei, Chongqing and Fujian pilots
  • In January, the prices and trade volumes in all markets are expected to follow a bearish trend during the time of the Spring Festival in China

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