Speculators slash, emitters add to California carbon holdings before prices reach $35

Published 01:34 on November 16, 2021  /  Last updated at 01:39 on November 16, 2021  /  Americas, Canada, US  /  No Comments

Financial players saw their net length in California Carbon Allowances (CCAs) fall to a 4.5-month low last week before prices attained a new record high above $35, while compliance entities reduced their net short position to a 5-month low, according to US Commodity Futures Trading Commission (CFTC) data published Monday.

Financial players saw their net length in California Carbon Allowances (CCAs) fall to a 4.5-month low last week before prices attained a new record high above $35, while compliance entities reduced their net short position to a 5-month low, according to US Commodity Futures Trading Commission (CFTC) data published Monday.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

Comment