February 05, 2025 08:44 GMT
EMISSIONS: EUA Speculator Net Long Positionings Rise for Sixth Week
EMISSIONS
Speculator positioning in EU ETS futures on the ICE exchange turned again more bullish for the sixth consecutive week with net long positionings still at the highest since the week of 10 September 2021, the latest COT data as of 31 January showed.
- Investment Funds net long positionings increased by 2,478 to +55,566.
- Investment Firm net short positionings increased by 17,589 to -315,443,896.
- Commercial Undertaking net long positionings were increased by 14,837 +196,457.
- EU ETS Dec25 allowances saw a weekly net increase of around 2.7% last week, largely mirroring moves in EU gas markets as cooler weather with low wind and curtailed Norwegian pipeline flows raised concerns for low storage and summer refill requirements.
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