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Funds Raise TTF Net Long Positioning Further

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GAS POSITIONING - Investment funds net long positioning in ICE TTF futures edged higher again in the week to Nov. 22 to remain at record high levels. 

  • TTF front month futures last week rallied to the highest since November 2023 after strong early season storage withdrawals and on Russian pipeline gas supply concerns. However, prices have since eased slightly amid milder weather across Europe into December.
  • Investment Firm net position fell by 7.70m to -204.52m
  • Investment Funds net position rose by 7.09m to +279.86m
  • Commercial Undertaking net position rose by 0.21m to -75.00m

 

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GAS POSITIONING - Investment funds net long positioning in ICE TTF futures edged higher again in the week to Nov. 22 to remain at record high levels. 

  • TTF front month futures last week rallied to the highest since November 2023 after strong early season storage withdrawals and on Russian pipeline gas supply concerns. However, prices have since eased slightly amid milder weather across Europe into December.
  • Investment Firm net position fell by 7.70m to -204.52m
  • Investment Funds net position rose by 7.09m to +279.86m
  • Commercial Undertaking net position rose by 0.21m to -75.00m

 

Keep reading...Show less