Free Trial

NATGAS: Funds Reduced Long TTF Positions Slightly in Week to Sept. 6

NATGAS

GAS POSITIONING - Investment fund net long positioning in ICE TTF futures fell from the highs seen during August but remain at historically very high levels, according to the commitment of traders data for the week to Sept. 6. 

  • TTF markets are weighing the impact of cuts in current pipeline supplies and US LNG supply risks due to a hurricane in the US Gulf against healthy underground storage and higher than normal LNG volumes at sea as the winter heating season approaches.
    • Investment Firm net position fell by 6.16m to -201.10m
    • Investment Funds net position fell by 25.40m to +243.02m
    • Commercial Undertaking net position increase by 36.99m to -41.46m

 

Keep reading...Show less
108 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

GAS POSITIONING - Investment fund net long positioning in ICE TTF futures fell from the highs seen during August but remain at historically very high levels, according to the commitment of traders data for the week to Sept. 6. 

  • TTF markets are weighing the impact of cuts in current pipeline supplies and US LNG supply risks due to a hurricane in the US Gulf against healthy underground storage and higher than normal LNG volumes at sea as the winter heating season approaches.
    • Investment Firm net position fell by 6.16m to -201.10m
    • Investment Funds net position fell by 25.40m to +243.02m
    • Commercial Undertaking net position increase by 36.99m to -41.46m

 

Keep reading...Show less