NZ Market: NZUs drop to 2-month low in seasonal lull

Published 07:41 on August 10, 2016  /  Last updated at 13:24 on August 10, 2016  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances fell 0.8% in Wednesday trade to their lowest levels since mid-June in what market participants said was a routine August lull, and prices could go in either direction once market activity picks up again next month.

New Zealand carbon allowances fell 0.8% in Wednesday trade to their lowest levels since mid-June in what market participants said was a routine August lull, and prices could go in either direction once market activity picks up again next month.

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