Carbon News - Intelligence for the carbon market

Carbon price predicted to rise after upcoming auction

Thursday 14 Nov 24 11:30am

PHOTO: Timberland Investment Group


OPINION: Are NZUs set for a bump after the December auction? Nigel Brunel, managing director Marex New Zealand, thinks so.

With the December auction now less than three weeks away, it appears we are getting set for an upward move, similar to what we saw in July, where a bullish technical pattern is building with another “pennant” forming on the charts.

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