January 29, 2025 08:45 GMT
EMISSIONS: EUA Speculator Positioning Most Bullish Since September 2021
EMISSIONS
Speculator positioning in EU ETS futures on the ICE exchange turned again more bullish on the week with net long positionings at the highest since the week of 10 September 2021, the latest COT data as of 24 January showed.
- Investment Funds net long positionings increased by 11,184 to +53,043.
- Investment Firm net short positionings increased by 11,121 to -297,896.
- Commercial Undertaking net long positionings were broadly unchanged at +181,665.
- EU ETS Dec25 allowances saw a weekly net increase of around 3% last week, supported by a rally in EU gas prices.
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