May 29, 2024 09:08 GMT
EUA Positioning Most Bullish Since Mid-October
EMISSIONS
EU ETS Dec 24 prices are holding onto some gains today with the latest Commitment of Traders data showing investment funds net short positioning in EU ETS futures turning the most bullish since mid-October.
- EUA DEC 24 up 0.3% at 74.82 EUR/MT
- Investment Firm net short positionings rose by 20.35m to -256.17m – the highest since end March
- Investment Funds net short position decreased by 7.33m to -6.68m – lowest since mid-October
- Commercial Undertaking net long position rose by 3.63m to 194.45m, the highest since mid April
87 words