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  /  Asia Pacific, New Zealand  /  No Comments

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.

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