NZ Market: NZUs find momentary respite but outlook remains cloudy

Published 10:23 on June 14, 2019  /  Last updated at 10:23 on June 14, 2019  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances on Friday halted their recent price slide as the spot contract climbed back above NZ$23 ($15), though experts said a lack of fundamental drivers suggests a serious comeback is unlikely for now.

New Zealand carbon allowances on Friday halted their recent price slide as the spot contract climbed back above NZ$23 ($15), though experts said a lack of fundamental drivers suggests a serious comeback is unlikely for now.

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