Spot market trades for up to $20.88
3 Dec 2010
The spot market traded between $20.56 and $20.88 this week for about 150,000 tonnes and the forwards for April 2011 delivery traded at $20.74 for 20,000 tonnes, OMFinancial reports.
CERs continue to put the lid on NZUs but the differential is often less than 50 cents and sometimes as low as 5 cents.
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