Unusual scarcity drives early 2026 NZU rally
Thu 5 Mar 2026
Image: Depositphotos
By Pattrick Smellie
The New Zealand carbon price has recovered since its late 2025 collapse, although the rally is driven by scarcity rather than confidence in market settings.
At the same time, market participants are using new products to smooth the impact of volatility in NZ Unit (NZU) prices.
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