NZ Market: NZUs slip below NZ$17 amid lack of interest

Published 10:25 on May 18, 2017  /  Last updated at 10:25 on May 18, 2017  /  Asia Pacific, New Zealand  /  No Comments

Buyers appear to have deserted the New Zealand carbon market ahead of the May 31 deadline, causing allowances on Thursday to fall below NZ$17 for the first time since early February, while a new market survey showed observers are divided on where prices are likely to go from here.

Buyers appear to have deserted the New Zealand carbon market ahead of the May 31 deadline, causing allowances on Thursday to fall below NZ$17 for the first time since early February, while a new market survey showed observers are divided on where prices are likely to go from here.

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