Markets: Analysis
NZUs start to move upward ... slowly
4 Feb 2011
The price of NZUs has started to move up slowly from the low $19s to the mid-$19s on light volume, OMFinancial says.

Energy market contemplates the end of oil
28 Jan 2011
By Nick Hodge. The energy market as you know it is on the verge of a vast transformation.
Emitters looking to 2011 obligations
28 Jan 2011
Local activity has started to pick up, with all interest focussed on the Spot NZU market, OMFinancial reports.
Buyers active as Chinese New Year looms
28 Jan 2011
The NZU market has traded between NZD18.80 and NZD19.30 on a spot equivalent basis this week, Westpac reports.

Credits worth $15m stolen in registry heist
21 Jan 2011
More than $15 million worth of carbon credits have been stolen in a daring heist in Europe.

It's a case of backwardation ... sort of
21 Jan 2011
The New Zealand carbon market is in backwardation – in theory, at least.
Market picking up for new year
21 Jan 2011
With market participants back to work this week there has been a pick-up in activity, after lacklustre trading during the holiday period, Westpac reports.
Gap between NZUs and CERs widens
21 Jan 2011
The spot NZU market has weakened slightly this week, trading between $18.90 and $19.30 on about 300,000 tonnes, OMFinancial reports.
NZU prices hold up against CERs
17 Dec 2010
Despite a rise in NZD-CER prices to around $21.70 in recent days, NZU prices (which had previously been pressured lower by the fall in NZD-CER prices) have remained pitched around the $20 mark, Westpac reports.
NZU prices likely to consolidate in the short-term
17 Dec 2010
A fairly quiet week over all, with subdued trading in both spot and forward NZUs, OMFinancial reports.

NZ sellers caught on the hop, says trader
10 Dec 2010
NZU sellers’ hopes of a continuing upward trend for NZU prices were halted last week due to the effects of a dropping CER price, says Carbon Market Solutions.
Sellers looking to monetise holdings
10 Dec 2010
NZU prices have traded between $19.90 and $20.30 (on a spot equivalent basis), says Westpac.
Spot CERs at $20.30
10 Dec 2010
The following offer prices from OMFinancial are for up to 100,000 tonnes (minimum 25,000)and are indicative, subject to a price and KYC/counterparty confirmation:
Spot and forwad NZU sellers begin to emerge
10 Dec 2010
NZUs traded at $20.38 early in the week and traded down to $20 as CERs continue to exert price pressure on the local unit, OMFinancial reports.
Spot CERs $20.40
8 Dec 2010
The following offer prices are for up to 100,000 tonnes (minimum 25,000) and are indicative, subject to a price and KYC/counterparty confirmation.
Spot CERs nudge up again
7 Dec 2010
The following offer prices from OMFinancial are for up to 100,000 tonnes (minimum 25,000), and are indicative, subject to a price and KYC/counterparty confirmation:
CER price fall slightly
6 Dec 2010
The following CER offer prices from OMFinancial are for up to 100,000 tonnes (minimum 25,000)m indicative and subject to a price and KYC/counterparty confirmation:

Parcel of 100,000 NZUs looks for buyer
3 Dec 2010
A parcel of 100,000 forward NZUs is up for tender.
Demand for NZUs softens as CER price falls
3 Dec 2010
The market for NZUs changed dramatically this week with the NZD - CER price falling to approximately NZD 20.25.
Spot market trades for up to $20.88
3 Dec 2010
The spot market traded between $20.56 and $20.88 this week for about 150,000 tonnes and the forwards for April 2011 delivery traded at $20.74 for 20,000 tonnes, OMFinancial reports.
NZU prices close on CERs
30 Nov 2010
The difference in price between spot NZUs and spot CERs has closed to just a few cents.
Emitter buys 10,000 tonnes through tender
26 Nov 2010
A buy tender for up to 50,000 tonnes of spot or forward NZUs drew offers of up to 210,000 tonnes.

Offers roll in for first NZUs buy tender
26 Nov 2010
Details are expected later today of the outcome of the first buy tender on the New Zealand carbon market.

Interest grows as CERs deal in NZ dollars
26 Nov 2010
New Zealand emitters can now buy CERs on the domestic market in New Zealand dollars, removing exchange-rate risk.

They're installing one new wind turbine every hour
26 Nov 2010
By Jeff Siegel.- 239 gigawatts of power by 2020.
Volume picks up, says Westpac
26 Nov 2010
It has been another interesting week in the market for New Zealand Units (NZUs) with increased volumes transacted, much of it completed on a forward basis, Westpac reports.
Good demand for NZUs, despite low price of CERs
26 Nov 2010
The spot NZU market traded at $20.80 this week for 50,000 tonnes, and while the differential between NZUs and NZ$ CERs is less than NZ$1, there is good demand for both spot and forward NZUs at current levels.
Buyer calls tender for spot carbon
23 Nov 2010
The fledgling New Zealand spot carbon market has its first buy tender.

NZ forest credits might fill CDM shortfall
19 Nov 2010
Clean Development Mechanism developers are looking to New Zealand’s forestry credits to help to make up an expected shortfall in the credits they must deliver from their projects.
Buyers accruing liabilities faster than they can buy NZUs
19 Nov 2010
Activity in the New Zealand market continues to increase, Westpac reports.
Busy week for trades
19 Nov 2010
Both spot and forward NZU trades were reported this week, OMFinancial reports.

High dollar curbs demand for NZ AAUs
12 Nov 2010
Demand for New Zealand AAUs is being depressed by the high value of the dollar.
More spot and forward trades as supply increases
12 Nov 2010
It's an interesting time in the New Zealand carbon market, with trading in the NZU market occurring between $20.20 and $20.60 this week, Westpac reports.
Something has to give, says OMFinancial
12 Nov 2010
There was a trade in spot NZUs this week for 50,000 tonnes at $20.42, OMFinancial reports.

Forest owner hits rich vein of NZUs sales
5 Nov 2010
The New Zealand forest owner who two weeks ago sold 50,000 tonnes of NZUs at $20.05 a tonne has received more for his latest offering.

CERs take on new appeal for NZ emitters
5 Nov 2010
CERs are emerging as a viable alternative to NZUs for New Zealand emitters.
Supply shortfall may begin to ease
5 Nov 2010
Over the past several weeks, NZU prices have been relatively stable as, with a well understood short term lack of supply, liable entities have resisted pushing prices higher in the knowledge that doing so was not resulting in more volume emerging, Westpac reports.
Few local sales of spot NZUs
5 Nov 2010
Locally, we have not seen much spot or forward sales emerge though we know units have been issued and holders are weighing up their options, OMFinancial reports.
Seller offering market more
3 Nov 2010
A forest owner who two weeks ago sold a substantial volume of NZUs for more than $20 each is back in the market.

Credit-happy Japanese come back for more
29 Oct 2010
A second major Japanese company has bought New Zealand forestry credits.

Our prices too low for Aussie carbon pioneers
29 Oct 2010
Australians are gearing up to sell carbon credits from trees – but say they aren’t interested in the New Zealand market at the moment because prices here are too low.
NZ interest growing in CERs
29 Oct 2010
Spot NZU prices continue to trade in a band between $19.70 and $20.10, Westpac reports.
Week of small volumes
29 Oct 2010
Another relatively quiet week saw small volumes trading across the strip, OMFinancial reports.

There’s only one thing hotter than China
22 Oct 2010
By Nick Hodge. CRTP!!! That's the instant message I got from my boss last week, just as the stock went ballistic.
Tenders an option...in right circumstances
22 Oct 2010
There has been light trade in the market this week between $19.75 and $20.10, Westpac reports.