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NATGAS: Funds Raise TTF Net Long Position to Highest Since July 2021

NATGAS

GAS POSITIONING - Investment fund net long positioning in ICE TTF futures surged again to the highest since July 2021, according to the commitment of traders data for the week to Aug 9. Upside pressure has primarily been driven by rising Ukraine transit supply risks with conflict in the region surrounding the Sudzha connection point.

  • Investment Firm net position fell by 21.45m to -187.32m
  • Investment Funds net position increased by 42.39m to +234.38m
  • Commercial Undertaking net position fell by 20.63m to -44.83m

 

 

Source: Bloomberg

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