NZ Market: NZUs rise to new record high amid constrained supply

Published 07:16 on July 21, 2020  /  Last updated at 10:30 on July 21, 2020  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances hit a fresh all-time high on Tuesday, with prices being pushed up because potential sellers are holding on to their NZUs in the anticipation that prices will continue to rise.

New Zealand carbon allowances hit a fresh all-time high on Tuesday, with prices being pushed up because potential sellers are holding on to their NZUs in the anticipation that prices will continue to rise.

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