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EUA Investment Funds Positioning Turns More Bearish

EMISSIONS

EU ETS Dec 24 prices removed most of the earlier gains to edge only slightly higher in a choppy session with the latest Commitment of Traders data showing investment funds net short positioning in EU ETS futures turning the most bearish since early May.

  • EUA DEC 24 up 1.5% at 71.29 EUR/MT
  • Investment Firm net short increased by 4.314m to -235.82m
  • Investment Funds net short position increased by 2.57m to -14.01m
  • Commercial Undertaking net long position rose by 4.82m to 190.72m
  • EUA prices for Dec 24 delivery rallied to the highest since early January earlier in the session before retreating.

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EU ETS Dec 24 prices removed most of the earlier gains to edge only slightly higher in a choppy session with the latest Commitment of Traders data showing investment funds net short positioning in EU ETS futures turning the most bearish since early May.

  • EUA DEC 24 up 1.5% at 71.29 EUR/MT
  • Investment Firm net short increased by 4.314m to -235.82m
  • Investment Funds net short position increased by 2.57m to -14.01m
  • Commercial Undertaking net long position rose by 4.82m to 190.72m
  • EUA prices for Dec 24 delivery rallied to the highest since early January earlier in the session before retreating.