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.
We are starting to see more activity in the local market, and we expect this to translate into spot and forward sales in the coming weeks.
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