A cross-border carbon trade was made recently by Xiong'an New Area in Hebei province using a carbon asset from 675,000 kilowatt-hours of solar energy capacity that were exchanged with a power generation company and hardware corporation in Australia.
China s national carbon market is running smoothly since its launch on July 16, attracting the attention of an increasing number of enterprises, and the pricing for carbon quotas has been in line with expectation. However, industry insiders call for the introduction of institutional investors to facilitate overall transactions.
Cotton futures close higher
05 Aug 2021, 07:05 GMT+10
ZHENGZHOU, Aug. 4 (Xinhua) Cotton futures closed higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE). The most active cotton contract for September 2021 delivery gained 75 yuan (about 11.60 U.S. dollars) to close at 17,245 yuan per tonne. On Wednesday, the total trading volume for five listed cotton futures contracts on the ZCE was 518,988.0 lots with a turnover of 44.66 billion yuan. As the world s largest producer, consumer and exporter of textile, China listed cotton futures on ZCE in June 2004, helping cotton-related enterprises hedge the price risk.