Markets: All stories
Kiwi carbon player goes it alone
25 Mar 2011
London-based international carbon-trading company EcoSecurities and its New Zealand partner have ended their formal relationship.
Will dialogue influence the outcome of the review?
25 Mar 2011
Stakeholders have begun meeting with ETS review panel, but one cannot help but wonder whether the results of this consultation will in fact find their way into the final recommendations, says Carbon Market Solutions.
NZU prices stabilise in the low $20s
25 Mar 2011
The NZU price has softened this week, with prices trading in the high $20s at the start of the week and into the low $20s (and even breaking through the $20 mark) by the end of the week, Westpac reports.
A lack of buying or selling
25 Mar 2011
Consolidation was the message throughout the week, with spot NZUs settling back towards $20.50 on small volumes, OMFinancial reports.
Price on move as carbon booms in Europe
18 Mar 2011
New Zealand’s carbon credits are running hot on the back of soaring prices in Europe.
Forests credit allocations top five million
18 Mar 2011
Owners of pre-1990 forests have now been allocated more than five million carbon credits.
Fukushima drama affects carbon price
18 Mar 2011
Recent events have demonstrated how intertwined New Zealand's Emissions Trading Scheme is with the global financial and carbon markets, says Carbon Market Solutions.
The day will come when you'll beg for $4 petrol
18 Mar 2011
By Nick Hodge. The long-term bull market in energy is on.
Golden period for sellers
18 Mar 2011
The NZU price has increased from the high $19s at the end of last week to trade in the low $21s by the end of this week, Westpac reports.
Quake shakes makets to core
18 Mar 2011
What a difference a week makes; last week we thought NZUs would consolidate, CERs would weaken and that the NZD was cheap, OMFinancial reports.
Illiquidity is the word of the day
11 Mar 2011
There is a common misconception in the market that issuance of carbon credits translates to available supply in the market; however, this is not the case.
Emitters swapping CERs for NZUs
11 Mar 2011
The NZU price has been trading in the low $20s this week, Westpac reports.
NZUs bust through $20
11 Mar 2011
The bullishness we saw at the end of last week has continued, with the spot market busting through $20 and trading up to $20.30 yesterday, OMFinancial reports.
Australia will get over carbon tax drama
4 Mar 2011
The Gillard carbon tax drama In Australia will subside with time just as it did in New Zealand, Carbon News Solutions predicts.
Two views on NZU prices
4 Mar 2011
The NZU price has traded between $19.40 and $19.80 this week, Westpac reports.
The video footage that terrifies power companies
25 Feb 2011
By Nick Hodge. They won’t announce it yet, but utility companies are shaking in their boots.
South Korea to set up carbon scheme
25 Feb 2011
South Korea is set to become one of the first countries in Asia to set up a domestic carbon trading scheme.
Sell CERs and bank the profit, broker says
25 Feb 2011
Spot NZUs traded higher this week, touching a high of $19.60, OMFinancial reports.
Buyers dominate market
25 Feb 2011
Prices this week have traded between $19.10 and $19.70 on a spot equivalent basis, Westpac reports, with volumes trading both spot and forward.
Aussie scheme could be lucrative for NZ carbon sellers
18 Feb 2011
As more of the Garnaut papers are released, Australia moves closer to a revised carbon scheme, Carbon Market Solutions says.
Buyers moving in to snap-up NZUs
18 Feb 2011
What a difference a week can make - NZUs have traded between $18.90 and $19.45 on a spot equivalent basis, Westpac reports.
Tight range covers NZU prices
18 Feb 2011
Spot NZU prices continue to trade a tight range, OMFinancial reports.
Europe CER ban might affect our ETS
11 Feb 2011
Europe has decided to ban a type of CER from its Emissions Trading Scheme from 2013, a decision which has the potential to have a significant impact on the New Zealand scheme, Carbon Market Solutions reports.
It's a buyer's market ... for now, at least
11 Feb 2011
This week the NZU market has traded between $18.95 and $9.45 on a spot-equivalent basis, Westpac reports.
Sellers looking for pre-Christmas prices
11 Feb 2011
Prices have traded a tight range, with most of the activity between $19.10 and $19.45, OMFinancial reports.
These days, it's all about shale oil
4 Feb 2011
By Keith Kohl.- "The era of plentiful, low-cost petroleum is reaching an end" - it's been nearly six years since those words began the now-famous Hirsch Report.
ETS adds to the confusion
4 Feb 2011
From a carbon market perspective, the Government’s review of the Emissions Trading Scheme has generated further uncertainty among the public and among ETS participants, Carbon Market Solutions says.
NZU market drifts back
4 Feb 2011
The NZU market has traded between $19.10 and $19.55 on a spot equivalent basis this week, Westpac reports.
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.
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.
