Asia Pacific > AU Market: Vast sum of ACCU holdings leads ANZ to downgrade price forecast

AU Market: Vast sum of ACCU holdings leads ANZ to downgrade price forecast

Published 02:38 on April 15, 2024  /  Last updated at 08:55 on April 15, 2024  / Mark Tilly /  Asia Pacific, Australia

The continued growth of Australian Carbon Credit Units (ACCUs) holdings by Safeguard entities and intermediaries has caused ANZ to downgrade its 12-month forecast price, but the bank noted there would still be some upside pressure.
The continued growth of Australian Carbon Credit Units (ACCUs) holdings by Safeguard entities and intermediaries has caused ANZ to downgrade its 12-month forecast price, but the bank noted there would still be some upside pressure.


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