Water market reacts to rain but jumps back up after unfavourable allocation outlooks

OC
Updated February 20 2020 - 5:27pm, first published October 17 2019 - 5:00am
Average monthly temporary water prices in the Murray Below Choke zone since the beginning of the last water year. Source: Waterflow
Average monthly temporary water prices in the Murray Below Choke zone since the beginning of the last water year. Source: Waterflow

From mid-January to mid-February the temporary water market in the Southern Connected Basin dropped by up to $300 a megalitre in some valleys, a response to rain events and Inter Valley Trade opportunities.

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OC

Olivia Calver

Journalist

Journalist for The Land

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