Markets: All stories
Market unchanged
24 Jul 2015
Another quiet day in carbon with only small volume trading. OMFinancial reports:
May 2016 $8 call options trade at $0.50
22 Jul 2015
Spot NZUs were left 6.80/7.00 on no volume yesterday. OMFinancial reports:
Market gets a bit busier
21 Jul 2015
More NZUs changed hands on Monday than in the entirety of last week. OMFinancial reports:
Carbon consolidates
20 Jul 2015
It was a quiet end to the week on Friday, with no NZUs trading. OMFinancial reports:
NZUs take day off
15 Jul 2015
NZUs did not trade yesterday. It’s a Mexican stand-off between buyers and sellers at this point. OMFinancial reports:
Market firm, and tender passes
14 Jul 2015
NZUs traded $7.05 on Monday, on volume of 15,000. OMFinancial reports:
English off on no-climate-talking tour
13 Jul 2015
Finance Minister Bill English is heading to China – but he has no plans to discuss that country’s moves into carbon trading.
Linking carbon unit values poses major problem
13 Jul 2015
Figuring out how carbon units from different jurisdictions relate to each other is one of the biggest challenges facing the emerging global carbon market.
Climate gets claws into cats
13 Jul 2015
Climate change will make cats more of an environmental problem in New Zealand, new research suggests.
Carbon on the march
13 Jul 2015
NZUs closed last week at $7.05, with 70k transacting on Friday, from $6.80 to $7.05. OMFinancial reports:
Carbon holds $6.80
10 Jul 2015
Another quiet day for carbon where spot NZUs held the $6.80 level. OMFinancial reports:
A quieter day after a busy start to week
9 Jul 2015
It was a quiet day for carbon yesterday - spot NZUs settled at $6.90 on CommTrade. OMFinancial reports:
Million-credit tender attracts strong interest
8 Jul 2015
A tender for up to a million credits that came to the market yesterday is drawing strong interest, OMFinancial says.
Active trading in NZUs
8 Jul 2015
More than 100,000 NZUs changed hands yesterday, with interest continuing to grow in this market. OMFinancial reports:
Large parcel of NZUs for tender
7 Jul 2015
Two hundred thousand – and potentially a million – spot NZUs have come to the market this morning.
Activity picking up on local market
7 Jul 2015
We saw a flurry of trading yesterday, with about 60,000 NZUs trading over the day. OMFinancial reports:
Carbon ticks along
6 Jul 2015
Carbon had a quiet day on Friday to see out the week. OMFinancial reports:
Spot carbon closes at $6.80
3 Jul 2015
Spot NZUs closed yesterday at $6.80 on 25,000 tonnes. OMFinancial reports:
Quiet day closes at $6.65
30 Jun 2015
A quiet day yesterday saw smalls trading and the market closing at $6.65 on CommTrade. OMFinancial reports:
Quiet on local market
26 Jun 2015
Carbon continues to be quiet, with spot NZUs closing at $6.70. OMFinancial reports:
Spot NZUs quiet
23 Jun 2015
Carbon had a quiet day Monday; spot NZUs closed at $6.85. OMFinancial reports:
Busy May sees register handle 42m credits
22 Jun 2015
Forty-two million carbon credits changed hands in New Zealand last month, as emitters finalised their 2014 returns.
Quote of the week
22 Jun 2015
“Even if you drive between here (Auckland) and Huntly you see these lovely beautiful rolling hills, it is green and I don’t take too much truck with people who continually say that we are selling a not-quite-right 100 per cent brand.” - Former New Zealand First, Mauri Pacific, and National Party MP Tau Henare, speaking on TVNZ’s Q&A programme yesterday, confuses green hills with a pure environment.
NZUs hold buyers' interest
22 Jun 2015
Carbon closed at $6.75 Friday, with good interest, and depth both ways. OMFinancial reports:
Spot NZUs corrects slightly but remains a buy
19 Jun 2015
NZUs closed at $6.80 yesterday, correcting slightly from $7.10, but remains firm. OMFinancial reports:
Spot NZUs remain firm
17 Jun 2015
NZUs traded at $7.10 yesterday and closed at $7.05 on Commtrade; well bid and offered into the close. OMFInancial reports:
Spot NZUs equal April's high
15 Jun 2015
Carbon closed at $6.70 on Friday, back at the previous recent high seen on April 8. OMFinancial reports:
Carbon marches higher
11 Jun 2015
Carbon had another lift yesterday, closing at $6.05 on 40k. OMFinancial reports:
Prices continue to rise
10 Jun 2015
Carbon traded up to $5.55 on small volume following yesterday’s big day. OMFinancial reports:
Good volumes of spot NZUs traded
9 Jun 2015
Spot NZUs traded 385,000 tonnes yesterday between $5.30 and $5.55. OMFinancial reports:
Spot NZUs may have bottomed
8 Jun 2015
Spot NZUs traded 70k on Friday to close unchanged at $5.40. OMFinancial reports:
Spot NZUs trade up
5 Jun 2015
It was quite a busy day for NZUs yesterday, with spot carbon closing up 13 cents to $5.40 on 50,000 tonnes.
It's a Mexican stand-off...
27 May 2015
There was no change in spot carbon yesterday, with NZUs fixing at $5.27. OMFinancial reports:
Spot NZUs could go lower, but are still good buying
25 May 2015
Spot carbon traded at $5.15 on Friday. OMFinancial reports:
NZUs trade to six-month low
21 May 2015
Another busy day for spot NZUs, with the market dealing $5.35 in early trading before closing at $5.20 on 150k.
Spot NZUs trade size at $5.40
20 May 2015
OMFinancial traded 100,000 tonnes at $5.40 yesterday suggesting the market is starting to hammer out a base in the mid to low $5s.
Spot NZUs quiet beyond measure
15 May 2015
Spot carbon edged back into the high $5s today, settling at $5.72 on CommTrade. OMFinancial reports:
Spot NZUs hit $6.05 on small volume
14 May 2015
Spot NZUs got paid at $6.05 today on very small volume. OMFinancial reports:
Many portfolios in lock-down
8 May 2015
Carbon drifted again yesterday closing at $5.95 on CommTrade. OMFinancial reports:
Keep buying the dips
6 May 2015
Spot NZUs traded at $6 yesterday for 15,000 tonnes. OMFinancial reports:
NZUs remain quiet
5 May 2015
A very quiet day for spot NZUs trading a small amount of units and closing unchanged at $6.07. OMFinancial reports:
NZ carbon is domestic at last
4 May 2015
Spot NZUs continue to cling to the $6 level, closing at $6.07 on CommTrade Friday. OMFinancial reports:
NZUs settle at the end of the week
28 Apr 2015
A quiet end to the week for carbon, ahead of a long weekend. 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.
