Markets: All stories

“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:

NZUs run at $7

16 Jun 2015

Spot NZUs ran hard yesterday. 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.

Spot NZUs quiet

4 Jun 2015

It’s a quiet domestic spot NZU market at present. OMFinancial reports:

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:

Spot NZUs continue to drift

24 Apr 2015

The market has been fairly quiet since a busy trading session earlier in the week and the market is holding the $6 level for now – last at $6.15. OMFinancial reports:

Spot NZUs have busy day

22 Apr 2015

The market saw a flurry of activity in spot yesterday. OMFinancial reports:

Spot NZUs drift slightly lower

21 Apr 2015

Spot NZUs drifted further down yesterday to close at $6.27. OMFinancial reports:

Procurement interest still there

20 Apr 2015

Spot NZUs drifted down on Friday, ending at $6.30 on 60,000 NZUs. OMFinancial reports:

Spot NZUs may head lower in the short-term

17 Apr 2015

You might think we call this market only one way, says OMFinancial:

Quiet day on the market

16 Apr 2015

The market was reasonably quiet overall yesterday. OMFinancial reports:

Spot NZUs continue to trade the range

15 Apr 2015

The market saw good two-way interest yesterday.. OMFinancial reports:

Quiet end to the week

13 Apr 2015

It was another quiet day for spot NZUs on Friday, closing at $6.52 on CommTrade. OMFinancial reports:

Time for a united front on carbon

10 Apr 2015

It was a quiet day yesterday for spot NZUs, which closed at $6.50 on CommTrade. OMFinancial reports:

NZUs well-traded and well-quoted

9 Apr 2015

NZUs traded at $6.50 on reasonable volume yesterday. OMFinancial reports:

NZUs remain bid

8 Apr 2015

The market opened at $6.50 yesterday before trading up to $6.60 and closing at $6.70. OMFinancial reports:

Register shows up changes in carbon market

7 Apr 2015

Changes to the New Zealand carbon market are showing up in traffic through the emissions unit register.

NZUs remain bid

7 Apr 2015

NZUs finished the week firm closing at $6.70 on the Thursday before Easter. OMFinancial reports:

Nothing to push this market lower

1 Apr 2015

The Spot NZU market traded and closed at $6.60 yesterday. OMFinancial reports:

Market grinding upwards

31 Mar 2015

A quiet start to the week yesterday, with NZUs closing at $6.57 on CommTrade. OMFinancial reports:

Liquidity not far away

30 Mar 2015

NZUs closed at $6.60 on Friday, after opening at $6.50. OMFinancial reports:

NZUs trading a bit in small range

27 Mar 2015

The market is seeing a bit of volume trading around $6.40 to $6.50. OMFinancial reports:

NZUs trade in smalls at $6.55

26 Mar 2015

It's a Mexican standoff - plenty of buyers at $6.40 and below and potentially enough supply at $7 and above. OMFinancial reports:

Stability is what we need

25 Mar 2015

We are hearing that some buyers, or representatives of buyers, are complaining to the Government about the illiquidity in this market, and the fact they cannot get set. OMFinancial reports: