Markets: All stories
Low surrender shows emitters using foreign units
4 Aug 2014
Just 0.5 per cent of the more than 45 million carbon units surrender for the 2013 emissions year were our home-grown units.
It's buying time again
4 Aug 2014
Market activity picked up a little on Friday, with selling by a collective of small Post-1989 owners hitting the bid at $3.90. OMFinancial reports:
NZU prices down again
1 Aug 2014
Spot NZUs sold down to $3.90 on decent volume – circa 50K. OMFinancial reports
NZU prices down again
1 Aug 2014
Spot NZUs sold down to $3.90 on decent volume – circa 50K. OMFinancial reports:
NZU action around $3.90
31 Jul 2014
The price for spot NZUs finished at $3.97 on CommTrade yesterday, with some action in the market around the $3.90 level. OMFinancial reports:
Little change on NZU market
30 Jul 2014
The price for Spot NZUs settled at $3.97 on CommTrade yesterday. OMFinancial reports:
Spot NZUs hold
29 Jul 2014
The week has started quietly with little trading in Spot NZUs. OMFinancial reports:
Tianjin carbon market volatile
28 Jul 2014
Spot NZUs closed at $4 on Friday on CommTrade; selling has dissipated to almost nothing. OMFinancial reports:
Quiet end to week
25 Jul 2014
The week ended quietly, with the overall market unchanged. OMFinancial reports:
It's all eyes on the election
25 Jul 2014
New Zealand has had a quiet week, with the market slowly softening as volumes come to market in small parcels, says Westpac's carbon desk.
$4 is the new $3
23 Jul 2014
There is fresh bidding coming into the market from several sources. OMFinancial reports
Speculators start to return to NZU market
22 Jul 2014
A quiet start to the week for NZUs, with spot trading at $4 on small volume. OMFinancial reports.
Spot NZUs at $3.95
21 Jul 2014
Spot NZUs closed at $3.95 on Friday with little traded. OMFinancial reports:
Local market quiet, but Europe firm
16 Jul 2014
The spot NZU market continues to drift with trading occurring around the $4 level. OMFinancial reports:
Small flurry on NZU market
15 Jul 2014
We saw some action yesterday in the market, with more than 100K of Spot NZUs trading around the $4 level. OMFinancial reports.
Market still quiet
14 Jul 2014
NZUs remain quiet; the market closed at $4.10 on Friday. OMFinancial reports
Little trading in NZUs
11 Jul 2014
NZUs are finishing the week unchanged, with little trading occurring. OMFinancial reports:
Register handles 10 million units
4 Jul 2014
More than 10 million carbon units were transferred on the New Zealand register last month – the lowest number since January.
NZUs stuck
2 Jul 2014
Another quiet day yesterday for Spot NZUs as the market fixed at $4.17 on CommTrade. OMFinancial reports:
Good support for NZUs in $4 range
30 Jun 2014
Spot NZUs are steady, closing at $4.20 on light volume. OMFinancial reports:
All quiet on carbon front
27 Jun 2014
NZUs remain quiet, with many participants absent from the market. OMFinancial reports:
NZUs trade up to $4.20
19 Jun 2014
Spot NZUs turned around yesterday, trading up to $4.20. OMFinancial reports:
NZUs trade to the low $4s
18 Jun 2014
Spot NZUs continued to trade down on small volume, hitting $4.10 with good volume on the bid at $4 and below. OMFinancial reports:
NZUs sell down on small volume
17 Jun 2014
Spot NZUs have fallen further this morning on small volume, trading at $4.30. OMFinancial reports:
NZUs consolidate in the mid-$4’s
16 Jun 2014
Spot NZUs look to consolidate in the mid-$4s as buyers retreat. OMFinancial reports:
Light volume on NZ market
13 Jun 2014
Spot NZUs sold off yesterday on very light volume – there is a small amount of NZUs looking for a home. OMFinancial reports:
NZUs - some selling appears
11 Jun 2014
Spot activity remains subdued with another Mexican standoff developing as buyers retreat and some sellers appear look for bids. OMFinancial reports:
NZUs consolidate
9 Jun 2014
NZUs continue to consolidate around the $5 level with some buyers still expecting the market to correct back toward $4 and very few sellers wanting to sell at $5. OMFinancial reports:
Carbon world roundup
6 Jun 2014
Westpac's carbon desk takes a look over events in the world of international carbon.
We are going higher...
6 Jun 2014
The market traded up to $5.05 on small volume yesterday - it was more drifting than rising or falling. OMFinancial reports:
Carbon closes on $4.85
5 Jun 2014
Spot NZUs were bid up yesterday, as buying interest returned to the market. OMFinancial reports:
NZUs down 20 cents yesterday
4 Jun 2014
The Greens announcement that it would replace the Emissions Trading Scheme with a carbon tax has definitely taken the wind out of the sails of Spot NZUs. OMFinancial reports:
NZUs look to consolidate
3 Jun 2014
Spot NZUs closed at $5 and look to consolidate here which is no surprise given the recent run. OMFinancial reports:
Spot NZUs break $5 for first time in two years
29 May 2014
Spot NZUs broke $5 yesterday on good volume, and closed at $5.20. OMFinancial reports:
Carbon prices on steady upward path
23 May 2014
Domestic carbon prices are up 25 per cent on last week – and are still climbing.
NZUs – there is little or no supply at current levels
23 May 2014
The market yesterday opened at $4.10 and edged up throughout the day to close at $4.30. OMFinancial reports:
NZUs top $4
20 May 2014
NZUs finished at $4.15 on CommTrade yesterday, as the market continued to search for supply. OMFinancial reports:
NZUs trade up on back of forestry announcement
19 May 2014
The main regular supply of NZUs dried up on Friday, after the Government announced that post-1989 forest owners could not de-register (and re-register) with ERUs, effective immediately. OMFinancial reports:
May $5 call trades at 45 cents
15 May 2014
NZUs held above $3.10, closing at $3.16 on thin trade on CommTrade. OMFinancial reports:
NZUs move into a new range
14 May 2014
NZUs touched $3.16 yesterday as fresh buying entered the market and selling of recent days dissipated. OMFinancial reports:
NZUs move to top of recent range
13 May 2014
NZUs are trading at the top end of the recent range, finishing last week at $3.11. OMFinancial reports:
Market trades 34 million carbon credits
9 May 2014
Nearly 34 million carbon credits were traded on the New Zealand market last month – up 10 million on the previous month but down on the same time last year.
Carbon credits stockpile down: latest figures
Today 11:15am
By Liz Kivi | The number of NZUs held in private accounts, often called "the stockpile", dropped 11 million tonnes in the past year, according to the latest figures.
