Spot NZUs trade up
5 Jun 2015
It was quite a busy day for NZUs yesterday, with spot carbon closing up 13 cents to $5.40 on 50,000 tonnes.
As we said yesterday, we believe the market is a buy under $5.50, given we are now in the second half of the year, where seasonally we should see a pick-up in activity as buyers start focusing on the current emission year requirements.
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