November 27, 2024 08:54 GMT
EMISSIONS: EUA Positioning Turns More Bullish
EMISSIONS
Speculator positioning in EU ETS futures on the ICE exchange were again more bullish with investment funds long positioning rising, the latest COT data as of 15 November showed.
- Investment Funds net long positionings increased last week by 7,548 to +8,989.
- Investment Firm net short positionings increased by 7,141 to -385,040.
- Commercial Undertaking net long positionings edged lower by 3,830 to +290,355.
- EU ETS Dec24 allowances edged up by almost 2% last week, mostly supported by gains in the EU gas markets.
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