Permanent Entitlements
- Murrumbidgee High Security: Continued strong interest, consistent sales at $9000/ML and some small parcels at slightly more.
- Murrumbidgee General Security: We have traded recently between $2650 and $2700 however the field of buyers seems to be diminishing. There are currently a couple of parcels for sale at $2600/ML.
- CICL Delivery Entitlements: We have commercial sized parcels of CICL Delivery Entitlements available for sale, recent sales have been from $75 to $80/DE.
- Groundwater: Continued very low volume of trades, we expect this would turn around if this cycle of high availability of surface water was to end.
- Murrumbidgee Zone 13 (CICL) Supplementary: This entitlement class is also referred to as History of Use Entitlement. There are fewer buyers in the market recently and demand has tempered closer to $800/ML.
Temporary Allocations
- Surface Allocations: The allocation market has continued to decline with recent sales in the low $20’s.
- Groundwater Allocations: Minimal activity, less than 1000ML of trades registered across the 3 Murrumbidgee trading zones this water year.
- Inter Valley Trade: Trade out of the Murrumbidgee is currently closed with the IVT balance 97.9ML at 30 November. The IVT Balance spilled in August however subsequent trade triggered the closing in October.