Market Closed

30 Mar 2024 04:47:45

NZU update

Posted: 22 Feb 2021

NZUs seem to be holding well above $39, firming today to the $39.40 mark.  Those with units notionally destined for May compliance look like they might have a decision to make as to use of the fixed price option at $35, available for just a little longer against 2020 emissions liabilities.  Last year about 20% of the collective compliance liability was met using the FPO, while the year before this figure was 50%.  Read more here.