Markets: Analysis
NZUs might dip, but Europe firm
3 Mar 2014
NZUs hit $3.10 on Friday, predominately on switching activity, but a small amount of outright selling contributed. OMFinancial reports:
Could world carbon prices rise 66% this year?
27 Feb 2014
NZUs traded $3.15 yesterday on reasonable volume. OMFinancial reports:
Looking at carbon options
26 Feb 2014
There has been quite a bit of interest expressed recently about trading in NZU Options. OMFinancial reports:
Market slowing as we head to surrender time
25 Feb 2014
Spot closed at $3.30 yesterday, and the May 2015 forward dealt at $3.60, which is in line with carry. OMFinancial reports:
NZUs languish while US and Europe climb
24 Feb 2014
Spot NZUs closed at $3.30 on Friday on small volume, although it looked like there was more supply in the wings. OMFinancial reports:
Turmoil across the Tasman will be felt here
21 Feb 2014
By WAYNE KING. Australia’s media is drip-feeding news and commentary on the economic downturn in Australia - particularly in energy developments, the political turmoil revolving around the current Renewable Energy Target and the current policies related to a price on carbon, through the Carbon Price Mechanism and other initiatives.
NZUs trade up
21 Feb 2014
It was a mixed day yesterday, with the market starting off weaker, at $3.25, but it got progressively paid through the day to close at $3.40. OMFinancial reports:
Some selling of ERUs
20 Feb 2014
We saw a bit of selling come through on spot NZUs yesterday, as long-waited supplies of ERUs hit the market, allowing those post-1989ers looking to exit the ETS to complete their arbitrage by selling a portion of NZUs to acquire ERUs. OMFinancial reports:
NZUs consolidating
19 Feb 2014
NZUs edged down yesterday, on small volume coming from the Post-1989 exiters. OMFinancial reports:
Market poised to move higher?
18 Feb 2014
A day of consolidation yesterday, as Spot NZUs fixed at $3.37 on CommTrade. OMFinancial reports:
Low NZU prices hard tojustifty
17 Feb 2014
The NZU market edged higher again Friday, as sellers retreated. OMFinancial reports:
CDM verifier pulls out as market collapses
14 Feb 2014
The largest verifier of CDM projects is pulling out, as the market for carbon units from international projects to cut emissions in developing countries collapses.
Land-use change still attractive
14 Feb 2014
We saw another small rise in NZUs yesterday, up to $3.30. OMFinancial reports:
Westpac world markets wrap
14 Feb 2014
It's surrender time in Australia, election time in New Zealand and reduction time in Europe.
NZUs up, but thin on offer
13 Feb 2014
NZUs bumped up a little yesterday, trading $3.25 and finishing $3.25-$3.30 on CommTrade. OMFinancial reports:
Market consolidates
12 Feb 2014
The New Zealand market consolidated yesterday as more bidding came into the market, but sellers were absent. OMFinancial reports:
NZU selling drying up
11 Feb 2014
Another quiet day for the local carbon market, with NZUs priced at $3.20/$3/25 on CommTrade. OMFinancial reports:
Market quiet for Waitangi holiday
10 Feb 2014
NZUs dealt in the low $3s in holiday-affected trade late last week.
Number of surrendered NZUs plummets
7 Feb 2014
The number of NZUs used for surrender plummeted last year to fewer than a million.
Prices firm in Europe
7 Feb 2014
The European market is very firm, with EUAs for December 2014 delivery finished up 38 cents to €6.54. OMfinancial reports:
Long-term, carbon is a buy
5 Feb 2014
There was good two-way action in the market yesterday. OMFinancial reports:
NZUs in a classic Mexican standoff
4 Feb 2014
Spot NZUs held the $3.20 level yesterday as, this time, supply dries up. OMFinancial reports:
Expect market to consolidate
3 Feb 2014
The NZU market is consolidating after trading $3.25 at the close of last week; we are open at similar levels today. OMFinancial reports:
If Europe can...
31 Jan 2014
NZUs hit $3.25 yesterday as more 2013 vintage came to market. OMFinancial reports:
Forest owners are 'over' the ETS
30 Jan 2014
OMFinancial says it traded "a decent clip" of spot NZUs yesterday, at prices between $3.30 and $3.35:
This year's post-89 units about to come to market
29 Jan 2014
Yesterday we saw some selling in spot NZUs; prices traded between $3.40 and $3.45. OMFinancial reports:
Don't pay the government more than you have to
28 Jan 2014
The message leading up to the 2013 Emission year surrender in May is “switch and grind”. OMFinancial reports:
NZUs down a little
28 Jan 2014
Westpac is back in the market this morning with NZU prices slightly down on last week.
NZ market still quiet overall
23 Jan 2014
The NZU market remains well-bid, but overall it is still relatively quiet, given there are national holidays interspersed throughout January. OMFinancial reports:
Post-89 foresters switching credits
22 Jan 2014
Spot NZUs pushed through $3.40 yesterday and finished bid there. OMFinancial reports:
Hitch your wagon to NZUs and hold tight
21 Jan 2014
NZUs bumped up against $3.40 yesterday as buyers started to chip away at the 50k on offer, leaving about 25k. OMFinancial reports:
NZUs touch $3.40
20 Jan 2014
The local papers are today talking up the prospect of an early election – perhaps in September or early October. OMFinancial reports:
European prices make NZ carbon look cheap
17 Jan 2014
The European carbon market has firmed, with its internal unit the EUA climbing to a three-month high overnight, touching €5.15. OMFinancial reports:
Growth equals carbon demand
16 Jan 2014
According to the World Bank, all is coming right with the world, OMFInancial reports.
Bidding interest in NZUs growing
15 Jan 2014
We are not seeing a huge amount of action in the market at present, but it’s clear the bidding interest in NZUs continues to grow. OMFinancial reports:
Last year for CERs and ERUs
14 Jan 2014
It’s a quiet start to what could be an extremely volatile year. OMFinancial reports:
NZUs drift ... good offering in forward market
18 Dec 2013
NZUs drifted yesterday with small trades around the $3.50 level.
NZUs mark time as holiday season nears
17 Dec 2013
The local market marked time yesterday as the holiday season approaches.
NZUs: Post 1989-exiters are back
16 Dec 2013
NZUs are weakening again as Post-1989ers are selling NZUs, buying ERUs and exiting the scheme.
What the election could mean to ETS
12 Dec 2013
With a general election coming next year, OMFinancial takes a look at what the two major political groupings might do to the Emissions Trading Scheme:
It’s all about 2015 and beyond
10 Dec 2013
Since the Government announced the “line in the sand” for UN Offsets, NZUs have traded up to the high $3s. OMFinancial reports:
Govt move makes one thing clear
10 Dec 2013
Last Friday’s highly anticipated Government announcement has provided the local market with much-needed certainty around the use of international units within the New Zealand Emissions Trading Scheme, and will allow participants to make informed investment decisions, Westpac says.
A blinding glimpse of the obvious
9 Dec 2013
The Government on Friday confirmed what the market already knew; you cannot use UN Offsets after May 31, 2015. OMFinancial reports:
NZ keeps eye on Chinese carbon market muscle
6 Dec 2013
The launch this week of the world’s second-largest carbon market, in the Chinese industrial powerhouse province of Guangdong, will have little direct impact on the New Zealand market, a leading trader says.
Govt to restrict ERUs?
6 Dec 2013
There is a buzz in the market that the government will restrict the use of ERUs from today.
Gene tech reforms face political split
Thu 23 Oct 2025
By Shannon Morris-Williams |The Government’s Gene Technology Bill continues to divide Parliament, after the Health Select Committee released its long-awaited report last week outlining key recommendations and lingering concerns.
Bill to ban new coal mines fails at first reading
Fri 24 Oct 2025
By Shannon Morris-Williams | A bid to outlaw new coal mines was defeated at its first hurdle in Parliament this week, after a heated debate pitting climate imperatives against energy security and affordability.
Council buys dairy farm to help clean up Lake Rotorua
Tue 21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Emissions down slightly - Stats NZ
Fri 24 Oct 2025
By Liz Kivi | Greenhouse gas emissions fell 1.5% in the June 2025 quarter, although the decline seems to reflect the economy continuing to contract rather than Aoteoroa inching towards decarbonisation goals.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
Wed 22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Emails show forestry lobby fought Gisborne crackdown as slash clean-up drags on
26 Sep 2025
By Shannon Morris-Williams | Sustainable land use advocates are accusing Eastland Wood Council of stonewalling efforts to tighten forestry rules, after correspondence between the group and the local council was released under the Official Information Act.
Govt to ease climate reporting thresholds, water down liability
Wed 22 Oct 2025
By Pattrick Smellie | The rollback of climate change reporting requirements has produced a wave of relief in corporate New Zealand as managed investment funds and listed companies with annual revenue under $1 billion are exempted.
