NZ Market: NZUs hold for now despite tumbling timber prices

Published 14:31 on July 11, 2019  /  Last updated at 00:02 on July 12, 2019  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances are holding around the NZ$23 ($15.36) level despite rapidly fading timber export prices that has brought speculation on whether forest owners would sell off more NZUs to compensate for falling income levels.

New Zealand carbon allowances are holding around the NZ$23 ($15.36) level despite rapidly fading timber export prices that has brought speculation on whether forest owners would sell off more NZUs to compensate for falling income levels.

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