NZU-EUR spread widens
10 Oct 2013
The NZU market has seen a consolidation in prices around the $NZ4.00 level,
while any flow coming to market is dictating short-term market direction of NZUs in what remains an illiquid market, Westpac reports.
NZU selling is predominantly coming from foresters still looking to capitalise on
switching opportunities for either deforestation or deregistration from the scheme.
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