Water trades in the Murray-Darling Basin (2007-8 vs. 2008-9)
- From: Vol 10, Issue 12 (December 2009)
- Category: Analysis
- Region: Asia
- Country:
This month’s chart comes from the Australian Water Markets Report for 2008-2009, which is a statistical analysis of Australia’s water rights market.
It shows the relative volume and value of water “allocation” trades, which is the equivalent of annual water leases in the western US. It compares market activity during the 2007-8 and 2008-9 mid-winter to mid-winter periods. The average price of an allocation fell from A$650/ m3 (US$588/m3) in 2007-8 to A$350/m3 (US$317/m3) the ...
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