OMF NZ Market Report

Trades only small ... and hard to find

Friday - 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.

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.

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.

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.

Good signs in emissions, credit applications

16 Apr 10 - New Zealand’s emissions edged lower in 2008 – mainly due to lower agricultural emissions and lower use of fossil fuels within the transport sector, OMFinancial reports.

Latest prices and offers looking for bids

13 Apr 10 - Latest emissions unit prices and offers looking for bids.

Buying local still the best deal

9 Apr 10 - New Zealand carbon prices are pretty much unchanged this week though the rise in the global carbon price is pushing CERs out of the frame for local emitters, OMFinancial reports.