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  / Matthew Lithgow /  Americas, Canada, US

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.


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