191 companies covered under the Shanghai carbon market reduced emissions by 5.3 million tonnes.
Carbon prices in Tianjin have rallied 13% since the launch of trading for the second compliance year.
Covered entities under Shenzhen, Beijing and Guangdong are already participating in trading for the new compliance year.
Between 5% and 10% carbon offset usage is allowed in various Chinese pilot carbon markets.
Two entities under Guangdong carbon market while five under Beijing carbon market have been punished with financial penalties.
Deadline for 2014 compliance year has been determined as 15 June 2015.
Carbon markets in China prepared to launch trading of emission allowances for the second compliance year.
Power supplier Guangdong Yudean Group, the largest emitter covered under the scheme, surrendered 21 million allowances.
Carbon emission allowances worth $118 million were traded during the first year of Guangdong carbon market.
Traded volume in several of China’s carbon market remained high as covered entities faced compliance deadlines.