February 12, 2025 08:45 GMT
EMISSIONS: EUA Funds Positioning More Bullish For Seventh Week
EMISSIONS
Speculator positioning in EU ETS futures on the ICE exchange turned again more bullish for the seventh consecutive week with net long positionings still at the highest since the week of 10 September 2021, the latest COT data as of 7 February showed.
- Investment Funds net long positionings increased by 4,924 to +60,491.
- Investment Firm net short positionings increased by 14,388 to -329,831.
- Commercial Undertaking net long positionings were increased by 6,071 +204,493.
- EU ETS Dec25 allowances saw a weekly net decline of around 1.9% with the potential of US tariffs on Europe and weak economic data out of Europe weighing on sentiment, despite the weekly increase in EU gas prices.
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