Markets: All stories
Our universities get a D for divestment
16 Feb 2015
New Zealand universities are among the worst in the world when it comes to divestment from fossil fuel investments, a new report says.
NZ carbon still light in volume
12 Feb 2015
Spot carbon traded 15k at $5.95 at the end of the day yesterday, with the market closing $5.95/$6.00. OMFinancial reports:
Market liquid and steady, but slow
11 Feb 2015
Carbon continues to move sideways, holding around the $6 mark. OMFinancial reports:
Iwi leaders lose climate change champion
9 Feb 2015
One of New Zealand’s most influential leaders on climate change has died.
NZU trade light, but volume expected to pick up
9 Feb 2015
Spot NZUs closed last week quietly, with no trading on Thursday. OMFinancial reports:
Spot NZUs range-bound
4 Feb 2015
NZUs continue to move sideways, with the market still holding $6.00-$6.10. OMFinancial reports:
Risk skewed to the upside
2 Feb 2015
Spot NZU closed the week with 3k trading at $5.95. OMFinancial reports:
NZUs likely to close January around $6
30 Jan 2015
NZUs remain in a tight range around $6, with relatively good buying interest on any dips below the round number. OMFinancial reports:
NZUs remain steady
28 Jan 2015
NZUs continue to remain a $5.85/$6.05 market, with no volume changing hands this week to-date.
Carbon prices hit two-year high
27 Jan 2015
New Zealand carbon is at its highest price in more than two years.
It's time to take a good look at ourselves ...
27 Jan 2015
By editor ADELIA HALLETT.-This year, I’m putting my money where my mouth is.
NZUs trade at $6
22 Jan 2015
Spot carbon traded at $6.00 yesterday, with a total of 20k transacting from our desk. OMFinancial reports:
New Zealand carbon starts the year on a rise
20 Jan 2015
The spot NZU market has opened the year firm, with spot NZUs trading a range of $6.00 - $6.50. OMFinancial reports:
Spot NZUs hold the mid $5s
17 Dec 2014
NZUs seesawed yesterday, opening at $5.40, dipping to $5.25, then climbing to $5.55, before closing at $5.50. OMFinancial reports:
Spot NZUs hit two-year high
15 Dec 2014
Carbon ended the week slightly down, though prices remain above $5 with spot NZUs closing at $5.40 on CommTrade. OMFinancial reports:
Spot NZUs hold at $5
9 Dec 2014
Spot NZUs traded between $4.85 and $5.05 yesterday on about 17k. OMFinancial reports:
Spot NZUs maintain recent highs
8 Dec 2014
Spot NZUs closed Friday at $4.95 on volumes of just over 100,000 tonnes, a rise of 50 cents. OMFinancial reports:
Spot NZUs track higher
3 Dec 2014
NZUs traded higher again, opening at $4.85, trading down to $4.80 and closing back up at $4.85; 18k volume on the day. OMFinancial reports:
Mighty River contests paying for carbon units
1 Dec 2014
MightyRiverPower has claimed in the High Court that it shouldn’t have to pay for carbon units issued for years prior to the start of its contract with New Zealand Carbon Farming in 2013, which it entered as part of its effort to offset emissions from electricity generation.
Spot NZUs jump
1 Dec 2014
New Zealand carbon jumped 20 cents on Friday; spot NZUs closed $4.55 bid on CommTrade with about 40K volume. OMFinancial reports:
Slight move on spot NZUs
28 Nov 2014
Carbon edged up a little yesterday, to close up 5 cents to $4.32. OMFinancial reports:
Spot NZUs remain quiet
25 Nov 2014
Carbon was quiet again today and the quotes in the market drifted a little wider than usual. OMFinancial reports:
NZUs bubble at $4.30
24 Nov 2014
We continue to bubble around $4.3,5 with not much pushing it either way at present. OMFinancial reports:
Speculators start to pocket the profits
18 Nov 2014
Spot NZUs edged up yesterday, with 10,00 NZUs traded between $4.40 and $4.45. OMFinancial reports:
Spot NZUs trade $4.35
14 Nov 2014
A bit more volume hit the market yesterday with spot NZUs trading $4.35 on about 30,000 tonnes. OMFinancial reports:
Spot NZUs find support at $4.25
13 Nov 2014
Two clips of 25,000 tonnes went through today at $4.25 in spot NZUs, a level where there has been good support previously and buyers have stepped up. OMFinancial reports:
No selling of spot NZUs
12 Nov 2014
Spot NZUs did not trade yesterday, and finished $4.37 on CommTrade. OMFinancial reports:
NZ market lacklustre - for now
11 Nov 2014
NZUs were unchanged yesterday, and the market was completely lacklustre. OMFinancial reports:
Carbon units traffic slows to 3m trickle
10 Nov 2014
Just 3.4 million carbon units passed through the New Zealand Emissions Units Register last month.
European carbon very firm on unit cancellation news
4 Nov 2014
NZUs closed at $4.40 on CommTrade yesterday on small volume. OMFinancial reports:
NZUs sell off a little
31 Oct 2014
NZUs got sold back a little yesterday as some sellers continue to unload NZUs. OMFinancial reports:
NZUs consolidate and look to move higher
28 Oct 2014
This market feels like it’s about to tip to the bid side and move higher. OMFinancial reports:
New Zealand is 'least-cost' carbon
22 Oct 2014
Spot NZUs slipped a little further yesterday to close at $4.30 on CommTrade. OMFinancial reports:
Market remains quiet
20 Oct 2014
The carbon market slipped a little late last week to $4.32 on light volume. OMFinancial reports:
NZUs move slightly lower
17 Oct 2014
Some selling entered the market yesterday. OMFinancial reports:
Year-end often active
14 Oct 2014
The week started as last week ended - very quiet. OMFinancial reports:
Week ends quietly at $4.40
13 Oct 2014
It was a quiet end to the week, with the market for spot NZUs on CommTrade closing unchanged at $4.40. OMFinancial reports:
NZUs remain quiet
10 Oct 2014
The market closed at $4.40 on CommTrade for spot NZUs on light volume again. OMFinancial reports:
NZUs remain quiet
9 Oct 2014
Another quiet day for NZUs, spot dealt $4.30 for smalls and closed unchanged at $4.35 on CommTrade. OMFinancial reports:
Little interest from sellers
8 Oct 2014
Spot NZUs remain quiet, closing at $4.35 on CommTrade yesterday. OMFinancial reports:
NZUs very quiet
7 Oct 2014
Spot NZUs had a very quiet start to the week, closing at $4.35. OMFinancial reports:
Emissions register in low gear
6 Oct 2014
Activity on the New Zealand Emissions Unit Register was slow again last month.