Emitters offload allowances following WCI auction results, speculators build

Published 02:11 on December 4, 2021  /  Last updated at 03:19 on December 4, 2021  /  Americas, Canada, US  /  No Comments

Compliance entities massively reduced their California Carbon Allowance (CCA) holdings over the past week following the publication of Q4 WCI auction results, while financial players bolstered their net long position, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

Compliance entities massively reduced their California Carbon Allowance (CCA) holdings over the past week following the publication of Q4 WCI auction results, while financial players bolstered their net long position, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

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