Report: VEEC Snapshot (April 2016)
Hightlights from the April report:
- 733k VEECs were created in April, which was 15 per cent higher than March creation (636k) and the largest monthly creation since May 2013.
- Commercial Lighting activity (Schedule 34) continued to ramp up in April, increasing 100k from March creation, which had previously recorded the highest level of creation for this activity.
- Residential Lighting (Schedule 21) again trended downwards but still represented 50 per cent of total creation. Activity 21C accounted for the bulk of this creation (229k) but was significantly down from its 12 month average (350k).
- The VEEC price opened the month at $21.20 then drifted slowly downward to $20.50 around mid month, before lifting again to reach $21.70 on 22 April.It remained there for several days before falling back down to $20.50.It closed at $20.75 on 11th May.