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Funds TTF Positioning Switches to Net Long

NATURAL GAS

GAS POSITIONING - Investment funds net positioning in TTF switches to a net long in the week to March 8 according to the latest data via Bloomberg.

  • The switch comes after futures have found some support since a low on Feb. 23 amid increased interest from Asian buyers at the lower price levels while European gas storage remains high and demand weak.
    • Investment Firm net position fell by 20.2m to -97.6m
    • Investment Funds net position increased by 15.9m to 8.6m
    • Commercial Undertaking net position increased by 2.8m to 82.8m


Source: Bloomberg

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