NZ Market: NZUs fall to 3-week low ahead of expected ETS review results

Published 07:43 on May 20, 2016  /  Last updated at 18:44 on May 20, 2016  /  Asia Pacific, New Zealand  /  No Comments

Allowances in New Zealand’s emissions trading scheme on Friday drifted below the NZ$14 level for the first time in three weeks as market participants held out for news on the ETS review, which is expected next week.

Allowances in New Zealand’s emissions trading scheme on Friday drifted below the NZ$14 level for the first time in three weeks as market participants held out for news on the ETS review, which is expected next week.

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