OMF NZ Carbon Market Review

Weekly New Zealand carbon market intelligence report from broker OMFinancial.

Trades only small ... and hard to find

3 Sep 10 - Volume in spot continues to be hard to find, OMFinancial reports.

Lack of supply freezes market

27 Aug 10 - The local spot NZU market appears frozen due to a lack of supply, OMFinancial reports.

Market suffers from lack of supply

20 Aug 10 - A lack of supply persists in the market – about 200,000 tonnes has traded this week between $18.25 and $18.75, OMFinancial reports.

NZ market waiting for volume

13 Aug 10 - It was a pretty quiet week again as the market waits for more volume to come on stream, OMFinancial reports.

NZ market continues run in limbo

6 Aug 10 - The New Zealand market continues in limbo as it waits for more volume to appear, reports OMFInancial.

Carbon quiet in NZ, dipping internationally

30 Jul 10 - Another very quiet week for the New Zealand carbon market, with emitters not prepared to push prices at this point, OMFinancial reports.

All quiet on the carbon front

23 Jul 10 - It’s been a quiet week in the local carbon market with little volume on offer, reports OMFinancial.

Market firm but drop on the way

16 Jul 10 - This week, we have seen about 120,000 tonnes trade between $18.30 and $18.45, though the entire market might be closer to 250,000 tonnes.

Sellers few and far between

9 Jul 10 - The New Zealand market remains firm as emitters continue to pick up units in the $18 range, reports OMFinancial.

Carbon price firm, but supply is short

2 Jul 10 - New Zealand spot carbon prices are firm and there appears to be a lack of supply at this point in the market, OMFinancial reports.

Demand builds in local market

25 Jun 10 - Demand continues to build in the New Zealand carbon market with the official start date for emitters less than one week away, OMFinancial reports.

NZUs continue to be well bid

18 Jun 10 - With less than two weeks until July 1, when emitters start coming into the Emissions Trading Scheme, interest in the New Zealand market continues to grow, says broker OMFinancial.

Carbon moves up to mid $17s

11 Jun 10 - The New Zealand carbon market continues to grow in size, interest and activity as July 1 approaches, broker OMFinancial reports.

Good demand for carbon

4 Jun 10 - Trading continues to bubble along in the local market as July 1 start date for emitters fast approaches, broker OMFinancial reports.

Carbon price consolidates

28 May 10 - The local carbon market consolidated over the past week, OMFinancial reports.

Carbon trading in the high teens

21 May 10 - Most of the New Zealand trading in the past week has been in the $17 to $18 range, reports OMFinancial.

NZUs have quiet week trading in the $17s

14 May 10 - It’s been a relatively quiet week overall with the majority of spot NZUs trading in the high $17s per tonne, OMFinancial reports.

Local market shows signs of maturing

7 May 10 - The New Zealand carbon market has taken some significant steps in the past week and looks to be developing into a market that both emitters and forest owners can use with some degree of confidence,...

Forces work on local market

30 Apr 10 - Three forces are at work in the local market at present, OMFinancial reports.