Buyers dominate market
25 Feb 2011
Prices this week have traded between $19.10 and $19.70 on a spot equivalent basis, Westpac reports, with volumes trading both spot and forward.
This week the Ministry of Agriculture and Forestry indicated that 2.28m NZUs were about to be allocated (a third of which would be issued immediately), and applications had been received for another 13m NZUs.
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