NZ Market: NZUs extend losses amid FPO-driven sell-off

Published 09:11 on January 31, 2020  /  Last updated at 00:51 on February 1, 2020  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances took another beating on Friday, shedding 2.7% as some emitters sold off units with a view to locking in profits by paying the NZ$25 fixed price option in May.

New Zealand carbon allowances took another beating on Friday, shedding 2.7% as some emitters sold off units with a view to locking in profits by paying the NZ$25 fixed price option in May.

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