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POWER: Investment Funds Decrease Net Long Position for Second Week

POWER
BulletPower BulletsEnergy BulletsCommodities

Investment funds positioning in ICE German power futures decreased their net long position for the second consecutive week, according to the latest COT data as of 20 September.

  • Investment Funds net long position decreased by 140,163 to +545,059 – This is the lowest net long position since Investment Funds flipped from a net short position on 9 August.
  • Investment Firms net long position gained by 40,862 to +474,862 – rebounding from its fresh low in the previous session.
  • Commercial Undertaking net short position increased by 307,010 to -1.529mn.
  • The German front-month power baseload was down on the week to track similar movements in TTF and emissions. 
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Investment funds positioning in ICE German power futures decreased their net long position for the second consecutive week, according to the latest COT data as of 20 September.

  • Investment Funds net long position decreased by 140,163 to +545,059 – This is the lowest net long position since Investment Funds flipped from a net short position on 9 August.
  • Investment Firms net long position gained by 40,862 to +474,862 – rebounding from its fresh low in the previous session.
  • Commercial Undertaking net short position increased by 307,010 to -1.529mn.
  • The German front-month power baseload was down on the week to track similar movements in TTF and emissions.