Free Trial

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. 
107 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

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.