The Carbon Market is the largest
market
Market is a term used to describe concepts such as:
*Market (economics), system in which parties engage in transactions according to supply and demand
*Market economy
*Marketplace, a physical marketplace or public market
*Marketing, the act of sat ...
in
Cebu City
Cebu City, officially the City of Cebu, is a Cities of the Philippines#Legal classification, highly urbanized city in the Central Visayas region of the Philippines. According to the 2020 census, it has a population of 964,169 people, making ...
,
Philippines
The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ...
.
It is the oldest market in the
Central Visayas
Central Visayas (; or ) is an Regions of the Philippines, administrative region in the Philippines, numerically designated as Region VII. With only two Provinces of the Philippines, provinces: Cebu and Bohol, as well as three Cities of the Phi ...
region.
As the largest market in the city, various wares are sold in Carbon, including dry goods such as clothing, kitchenware, and handicrafts, as well as wet goods, such as fruits, vegetables, and meat, among other goods, sold by approximately 6,000 vendors in the market.
In the 2020s, the market started undergoing redevelopment works aimed at modernizing the market. These works include the construction of a new main building for the market, as well as other retail amenities aside from the market. The redevelopment works are scheduled to be finished by 2025.
Etymology
The name of the Carbon Market came from the word ''carbón'', Spanish for
coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen.
Coal i ...
, since the area was said to be close to a coal depot used for the trains of the old Cebu Railway that ran in Cebu from the 19th century up until
World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...
.
History

Little is known as to when commercial activities in Carbon started. However, the district around Carbon, called ''Lutao'' ("float" in English), which also includes the Ermita barangay, is right by the coast and close to the
port of Cebu
Port of Cebu () is a seaport located in Cebu City, Philippines. It serves the Metro Cebu Area and is managed by the Cebu Port Authority. It is the largest domestic port in the Philippines, mostly serving routes in the Visayas and Mindanao.
Lo ...
, which going back to
the precolonial era, already had a reputation as a “major regional trading center" in the region now known as the
Visayas
The Visayas ( ), or the Visayan Islands (Bisayan languages, Visayan: ''Kabisay-an'', ; Filipino language, Filipino: ''Kabisayaan'' ), are one of the three Island groups of the Philippines, principal geographical divisions of the Philippines, a ...
.
It is said that trade was already present during the
Spanish occupation of Cebu, and Carbon Market predates the
American occupation of the Philippines
American(s) may refer to:
* American, something of, from, or related to the United States of America, commonly known as the "United States" or "America"
** Americans, citizens and nationals of the United States of America
** American ancestry, p ...
.
Like much of Cebu and the Philippines, Carbon sustained heavy damages from World War II. But as the city and the country rebuilt and grew, so did the market. On May 13, 1964, then-
Philippine president
The president of the Philippines (, sometimes referred to as ) is the head of state, head of government and chief executive of the Philippines. The president leads the executive branch of the Philippine government and is the commander-in- ...
Diosdado Macapagal
Diosdado Pangan Macapagal Sr. (; September 28, 1910 – April 21, 1997) was a Filipino lawyer, poet and politician who served as the 9th President of the Philippines, serving from 1961 to 1965, and the 5th Vice President of the Philippines, V ...
, by the virtue of the Presidential Proclamation 241, formally donated the plot of land on which Carbon stood to the local government of Cebu City, which, until then, was formally owned by the national government.
In the 1990s, there were plans to phase out the Carbon Market leading to the formation of
cooperative
A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomy, autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned a ...
s by vendors. In 2000, some vendors created a cooperative to sell their wares, and later two other cooperatives were formed by different units of the market.
In 2002, three main cooperatives unified to form the Carbon Market Vendors Development Cooperative (Cemvedco).
In 2007, governmental delays in rebuilding of the market caused a political controversy, leading one
vendor
In a supply chain, a vendor, supplier, provider or a seller, is an enterprise that contributes goods or services. Generally, a supply chain vendor manufactures inventory/stock items and sells them to the next link in the chain. Today, these term ...
to run for
city council
A municipal council is the legislative body of a municipality or local government area. Depending on the location and classification of the municipality it may be known as a city council, town council, town board, community council, borough counc ...
from the barangay of Ermita, winning on that single-issue platform.
As of September 2009, the Cebu City government opened up land for private development of a newer market, called the Bagsakan Center. The goal was to increase competition and lower prices for consumers at both markets.
In the late 2010s, there was a proposal by retail firm
SM Prime
SM Prime Holdings, Inc. (SMPH) is a Filipino integrated property developer and a public subsidiary of SM Investments Corporation. It was incorporated on January 6, 1994, to develop, conduct, operate, and maintain the SM commercial shopping ce ...
to redevelop the Carbon Market.
In 2020, Filipino conglomerate
Megawide Construction Corporation
Megawide Construction Corporation () is a Philippine conglomerate, founded in 1997 as a mid-size construction firm by civil engineers Edgar Saavedra and Michael Cosiquien in Quezon City, Philippines. In 2004, the company grew to incorporate asse ...
entered into a 50-year agreement with the local government of Cebu City that will see the redevelopment of the market to include other lifestyle and
mixed-use developments
Mixed use is a type of urban development, urban design, urban planning and/or a zoning classification that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions a ...
within the market, as well as a transport hub which includes a
water taxi
A water taxi or a water bus is a boat used to provide public transport, public or private transport, usually, but not always, in an Urban area, urban environment. Service may be scheduled with multiple stops, operating in a simil ...
that will connect to
Mactan–Cebu International Airport
Mactan–Cebu International Airport (MCIA) is the main international airport serving Metro Cebu and is the main gateway to the Central Visayas region in the Philippines. Located on a site in Lapu-Lapu City on Mactan island, it is the secon ...
.
Facilities
Units

The market is housed in three structures namely Unit 1, Unit 2, and Unit 3, along the M.C. Briones St. in Barangay Ermita:
*Unit 1 –
Wet market selling meat and seafood
*Unit 2 – Destroyed by a fire in 1998, reopened in 2022 as an interim market.
*Unit 3 – Fruits area. Second floor razed by fire in 2018.
Others
* Freedom Park – named as ''Plaza Washington'' during the American colonial era, it was eventually renamed by then-
Cebu governor Sergio Osmeña Jr.
Sergio "Serging" Veloso Osmeña Jr. (December 4, 1916 – March 26, 1984) was a Filipino politician who served as a Senator of the Philippines, and ran against Ferdinand Marcos in the 1969 Philippine Presidential election. He was the son of Se ...
in 1951 to its current name. The name reflects it as a place where Cebuanos could freely exercise their freedoms and was the site of political rallies, religious gatherings, and debates, among other activities. The plot of land was originally owned by the
Order of Augustinian Recollects
The Order of Augustinian Recollects (OAR) is a mendicant Catholic religious order of friars and nuns. It is a reformist offshoot from the Augustinians, Augustinian hermit friars and follows the same Rule of St. Augustine.
They have also been kno ...
(which run the
University of San Jose–Recoletos
The University of San Jose–Recoletos, also referred to by its acronym USJ–R or to its colloquially shortened name San Jose, is a private university, private Catholic church, Catholic research university, research and coeducational basic an ...
across Freedom Park) to the Cebu City government, under the condition "that it be made as a park where people can exercise their constitutional right to free speech and to remain as such".
In the 1960s it was gradually integrated into the market, starting out with a few stalls, until the original park eventually vanished. Since the 1960s until the 2020s redevelopment, Freedom Park was known for its flower shops. With the redevelopment, the flower shops and other stalls in Freedom Park were demolished and repurposed back to its original intended use as a public park, along with a 15-meter tall obelisk as a new symbol for the park.
*Warwick Barracks – located between Freedom Park and the Carbon Market building, it was originally the called the "Post of Cebu", set up by the Americans in 1899 during their occupation of Cebu.
In 1904, the name was changed into "Camp Warwick" to honor Captain Oliver Warwick who had been killed fighting Filipinos in
Passi, Iloilo
Passi, officially known as the City of Passi (; ; ), is a Cities of the Philippines#Legal classification, component city in the Provinces of the Philippines, province of Iloilo, Philippines. According to the 2020 census, it has a population of ...
in 1899. A year later in 1905, it was renamed to its current name, the Warwick Barracks. After the Americans left, the Warwick Barracks were vacated and was gradually integrated into Carbon, and had also been used as a car park. After the redevelopment, Warwick Barracks will be repurposed as a retail area, and will be the location of the new Carbon Market main building until 2022
*
Senior Citizens' Park Chapel – a Roman Catholic chapel which is topped by a statue of the
Santo Niño de Cebú
The Señor Santo Niño de Cebú is a Catholic title of the Child Jesus associated with a religious image of the Christ Child widely venerated as miraculous by Roman Catholicism in the Philippines, Filipino Catholics. It is the oldest Christian ...
.
* Pusô Village – named and designed after the
pusô
''Pusô'' or ''tamu'', sometimes known in Philippine English as "hanging rice", is a Filipino cuisine, Filipino rice cake made by boiling rice in a Weaving, woven pouch of Arecaceae, palm leaves. It is most commonly found in octahedron, octah ...
, a Filipino rice cake, this strip will house food and retail stalls not available in Carbon. It is located on the edge of Carbon beside the
Compañía Marítima Building along the Cebu South Coastal Road.
References
External links
*
*
*
{{Cebu City
Buildings and structures in Cebu City
Retail markets in the Philippines
Landmarks in the Philippines
Visayan landmarks
Tourist attractions in Cebu City