NZUs fall back toward $15
2 Sep 2011
NZUs fell back towards $15 this week - after trading over $16 at the end of last week - and continue to be led around by the European carbon market, OMFinancial reports.
However, trading is extremely light because NZUs continue to trade at a premium to CERs, which means emitters prefer CERs over NZUs and forest owners continue to baulk at selling NZUs at these low levels.
... login or subscribe for full story