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EUA Investment Funds Positioning Turns Less Bearish

EMISSIONS

EU ETS DEC 24 prices are extending earlier gains with the latest Commitment of Traders data showing investment funds net short positioning in EU ETS futures turning the least bearish since mid/late October last year.

    • EUA DEC 24 up 1.5% at 71.29 EUR/MT
  • Investment Firm net short position fell by 2.62m to -231.51m
  • Investment Funds net short position increased by 1.27m to -11.45m
  • Commercial Undertaking net long position fell by 2.88k to 185.91m
  • EUA prices have fallen so far this year as subdued power sector emissions amid higher renewables and lower industrial activity have weighed on consumption.

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