Fresh Cuts · Live dashboard

NZU price dashboard

Live snapshot of the two emsTradepoint NZ Carbon Unit indices — ECMI (monthly) and ECQI (quarterly) — plus daily volume-weighted average price. Updated each Friday by the Fresh Cuts pipeline.

Latest observation Sunday 18 October 2026 · page generated 23 October 2026 · source: emsTradepoint.

ECMI monthly

$51.85

7d ▲ +2.17% · 30d ▲ +4.26%

ECQI quarterly

$52.37

7d ▼ -0.35% · 30d ▼ -1.19%

7-day VWAP

$50.28

1,765 NZU across 4 trades

52-week range

$35.19 – $57.03

ECMI low–high · 365 days

Twelve-month view

$31.32$38.23$45.13$52.03$58.93 19 Oct 202519 Apr 202618 Oct 2026 ECMI (monthly index)ECQI (quarterly index)Daily VWAP (trade days)

For an interactive view with multi-series overlay (NZU + log grades), timeframe switch and crosshair tooltips, see the markets chart.

What these indices mean

ECMI (emsTradepoint Carbon Monthly Index) is a 30-day rolling volume-weighted average of all NZU trades on the emsTradepoint spot platform. It's the number most frequently quoted when people talk about "the NZU price".

ECQI (emsTradepoint Carbon Quarterly Index) is the 90-day rolling equivalent. It moves more slowly than ECMI, so the gap between the two is a short-term direction indicator — ECMI below ECQI tells you the recent trend is softer than the quarterly baseline.

Daily VWAP is just the volume-weighted average of trades on a single day. Most NZU trading days have no reportable VWAP because no trades cleared.

Source data is published publicly by emsTradepoint at emstradepoint.co.nz. The CSVs underlying this page are mirrored at nzu_indices.csv and nzu_trades.csv.

Log prices · radiata pine

Radiata pine indicative log prices · Dec 2025 quarter · Published 14 September 2026 · Quarterly cadence · Source: MPI / Te Uru Rākau Canopy

Export · NZ$ per JAS m³ FOB

GradeRangeWeighted avgvs prev quarter
Pruned138 – 234$201▲ +17.5%
Unpruned A Grade107 – 150$135▲ +16.9%
Unpruned K Grade90 – 139$124▲ +15.3%
Pulp73 – 127$105▲ +9.4%

Domestic · NZ$ per tonne delivered at mill

GradeRangeWeighted avgvs prev quarter
P1175 – 218$205▲ +2.5%
P2144 – 200$181▲ +7.1%
S1131 – 138$137▲ +1.5%
S2123 – 150$128▲ +1.2%
S3 and L3107 – 118$111▲ +3.7%
L1 and L2105 – 138$121▲ +1.7%
Pulp56 – 73$65▲ +22.6%

Weighted averages are MPI's survey aggregate across industry respondents. "vs prev quarter" compares the current weighted average to the midpoint of the previous quarter's reported range. For spot-market colour between quarters, see PF Olsen's monthly Wood Matters. Full historic series (XLSX): Historic log price series to December 2025.