Shanghai and Guangdong carbon markets continued to witness bearish trends amidst low volumes.
Almost all markets saw significant decline in prices as traders stayed away from pilot China carbon markets during the first week of 2015.
Beijing, Shenzhen and Guangdong posted significant gains with healthy volumes during the last trading week of 2014.
Beijing Environment Exchange opened the floor of the carbon market to individuals last week.
Only 70% of the 10 million carbon allowance on offer were cleared at the December auction of Guangdong carbon market.
The guidelines indicate that the implementation of the national carbon market would be gradual.
Most of the carbon markets in China registered a significant increase in traded volume with minor change in prices.
Prices in Guangdong carbon market bounced back to highest level on one & a half months after hitting new all-time low.
The deposits will yield revenue based on interest rate offered by the bank for allowances submitted by the compliance entities.
Guangdong carbon market fell by 14% while others posted healthy gains.