Markets: All stories
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.
Expect more sales action in January
22 Oct 2010
While trading is still somewhat muted due to lack of supply, the spot market has traded at $20.05 and the forward market traded for April 2011 delivery at $20.40, OMFinancial reports.
Envious Aussies want action on carbon trading
15 Oct 2010
Interest in carbon trading is so strong in Australia that a New Zealand trader is predicting a price on carbon will be in place before the next Federal election.
How the military's green energy transition can make you rich
15 Oct 2010
By Jeff Siegel.- It was all over the news last week ...
Current situation not ideal, but outlook for buyers positive
15 Oct 2010
There has been light trade in NZUs this week with buyers continue to wait for further issuance to the pre-1990 forestry allocation, Westpac reports.
Prices continue around the $20 mark
15 Oct 2010
Prices continue to trade in the high $19s for spot and the low $20s for March 2011 forwards, OMFinancial reports.
Demand building, but little evidence of increased prices
8 Oct 2010
The Mexican stand-off between buyers and sellers continues, Westpac reports.
No change, little trading
8 Oct 2010
No real change this week with little trading reported in either spot or forward markets, OMFinancial reports.
Free credits now in the hands of industrial emitters
1 Oct 2010
Free carbon credits have been issued to industrial users.
Mexican stand-off in market, says Westpac
1 Oct 2010
The NZU market has ground to a halt, with light trade in small parcels occurring this week, Westpac reports.
Spot prices hover around $19 mark
1 Oct 2010
NZU Spot prices are moderating around the mid to high $19 level with emitters choosing not to bid a market that has no volume, reports OMFinancial.
Market awaits flow of new fishing carbon credits
24 Sep 2010
The fishing industry is moving to sell its allocation of NZUs in large parcels.
Supply could be just around the corner, says Westpac
24 Sep 2010
Trading in the spot market for NZUs has been light this week, with transactions occurring between $19.80 and $20.30, Westpac reports.
Buyers wait for market to fill up
24 Sep 2010
Prices in the spot market have moderated around the $20 level as buyers pull back and wait for more volumes to appear, OMFinancial reports.
A great time for sellers
17 Sep 2010
Trading in the spot market for NZUs remains light, with parties needing to pay a premium for immediate delivery, Westpac reports.
Light volumes crack $20 mark
17 Sep 2010
The spot market has pushed through the $20 level on very light volumes while the majority of trading has been in the forwards, OMFinancial reports.
Wary owners waiting on better NZU prices
10 Sep 2010
The forward market for NZUs is developing as a shortage of spot compliance units starts to bite.
Parcels in 19s, but trading still light
10 Sep 2010
Trading in the spot market for NZUs remains light, Westpac reports.
Spot market climbs into the high teens
10 Sep 2010
The Spot NZU market has ploughed through $19 over the week, touching $19.80 late yesterday, OMFinancial reports.
Spot market thin, but talk of forward trades
3 Sep 2010
Trading in the spot market for NZUs is thin due to the current tight supply, Westpac reports.
Trades only small ... and hard to find
3 Sep 2010
Volume in spot continues to be hard to find, OMFinancial reports.
Supply light on local market
27 Aug 2010
This week we have seen prices trading between $18.40 and $18.75, Westpac reports.