NZ Market: NZUs drop below NZ$21 as steady supply puts pressure on prices

Published 09:47 on February 27, 2018  /  Last updated at 20:09 on February 27, 2018  / Stian Reklev /  Asia Pacific, New Zealand

New Zealand carbon allowances fell below the NZ$21 level for the first time since early January on Tuesday, as steady selling from foresters undid most of the contract’s gains over the past seven weeks.
New Zealand carbon allowances fell below the NZ$21 level for the first time since early January on Tuesday, as steady selling from foresters undid most of the contract’s gains over the past seven weeks.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.