NZ Market: NZUs climb to 11-wk high as FPO becomes history

Published 09:40 on June 4, 2021  /  Last updated at 09:40 on June 4, 2021  /  Asia Pacific, New Zealand  /  No Comments

New Zealand allowances on Friday closed above NZ$38 ($27.18) for the first time since before the March auction, rising after ETS participants earlier this week finalised 2020 compliance and the NZ$35 fixed price option became a thing of the past.

New Zealand allowances on Friday closed above NZ$38 ($27.18) for the first time since before the March auction, rising after ETS participants earlier this week finalised 2020 compliance and the NZ$35 fixed price option became a thing of the past.

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