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Investment Funds German Power Net Short Positioning Slightly More Bullish

POWER

Investment funds net short positions in ICE German power futures continued to be slightly more bullish from the previous week, according to the latest COT data for the week of 12 July.

  • Investment Funds net short position decreased to -219,666 from -224,191 on 5 July.
  • Investment Firms net long position up by 381,536 to +912,491.
  • Commercial Undertaking net short position increased to -846,204 from -567,954.
  • Germany Base Power AUG 24 down 1.6% at 70.45 EUR/MWh
  • EUA DEC 24 down 0.6% at 67.59 EUR/MT
  • TTF Gas AUG 24 down 0.9% at 32.495 EUR/MWh

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