Markets: All stories
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.
NZU market back a little
5 Dec 2013
The market got sold back a touch yesterday, as sellers entered the market and closed it below $4. OMFinancial reports:
NZUs firm and well-supported
4 Dec 2013
The local carbon market continued to trade around its recent highs, closing at $3.95 on CommTrade. OMFinancial reports:
Floor rumour denied – Govt set to make some changes
3 Dec 2013
The Government has scoffed at suggestions that it introduce a floor price of $15, but some changes to the ETS are expected soon. OMFinancial reports:
NZUs hit $4.10 on speculation of ETS changes
2 Dec 2013
Speculation on the future of the Emissions Trading Scheme is driving the market at present. OMFinancial reports:
What was going on at the Warsaw climate conference
29 Nov 2013
The Warsaw climate change conference opened as super typhoon Haiyan, the strongest storm to ever make landfall, ravaged the Philippines.
NZUs hit $3.60 mark
29 Nov 2013
The spot market hit $3.60 yesterday as the slow march forward continues. OMFinancial reports:
NZUs trade higher, bid builds
28 Nov 2013
Spot NZUs traded at $3.50 yesterday with momentum building. OMFinancial reports:
NZUs continue slow march forward
27 Nov 2013
The spot NZU market finished at $3.45 yesterday as the slow grind upward continues. OMFinancial reports:
NZUs wax and wane
26 Nov 2013
Spot NZUs got paid on Monday with the market closing at $3.35, up 10 cents. OMFinancial reports:
It’s about more than talking the talk, says award winner
22 Nov 2013
Sustainability makes good business sense – but talking the talk is not enough, says the winner of the supreme award in this year’s NZI Sustainable Business Network Awards.
NZUs continue to track higher
22 Nov 2013
Spot NZUs continued to track higher finishing yesterday at $3.32 on CommTrade. OMFinancial reports:
NZUs starting to move up again
21 Nov 2013
We saw buyers emerge yesterday, with spot NZUs trading at $3.18. OMFinancial reports:
Today's carbon prices
21 Nov 2013
Spot NZUs have opened this morning slightly up on yesterday morning.
Flurry on NZ market
20 Nov 2013
NZUs appeared to hammer out a base yesterday, with the main seller in the market paid out through the day at $3.15. OMFinancial reports:
Market quiet and consolidating
19 Nov 2013
A quiet market yesterday, although we have depth on tight quotes. OMFinancial reports:
Good market interest
18 Nov 2013
Friday saw a continuation of the activity in spot NZUs, with the market trading $3.15 on good volume. OMFinancial reports:
Why it's important that we do our bit
15 Nov 2013
With COP19 under way in Warsaw, CARBON MARKET SOLUTIONS looks at the background to international climate change agreements:
Buyers get interested
15 Nov 2013
The local market was sold down yesterday starting off at $3.25 and hitting $3.10 before closing $3.15 bid. OMFinacial reports:
Still bull...
14 Nov 2013
The market traded $3.30 yesterday, with the volume again from post-1989 switchers. OMFinancial reports:
Buy, bank, and hold....
13 Nov 2013
Despite the market having peeled off from the high $4s to the low $3s, we are not bearish. OMFinancial reports:
Stand-off in NZU market
12 Nov 2013
The NZU fixed at $3.50 yesterday on the back of some light trading at the close of the day. OMFinancial reports.
Another hit to market as Govt uncouples ETS from international climate target
Wed 5 Nov 2025
By Liz Kivi | The Government’s surprise move to break the connection between the Emissions Trading Scheme and New Zealand’s Paris Agreement climate target is a brutal hit to confidence in an already moribund market.
