Producers recover some CCA length, speculators prefer RGGI

Published 22:33 on November 18, 2022  /  Last updated at 21:47 on November 28, 2022  /  Americas, Canada, US  /  No Comments

Compliance entities reversed course from last week, adding to their California Carbon Allowance (CCA) position amid continued spread trading ahead of the WCI Q4 auction, while financials continued to shorten their CCA position and add to their RGGI length, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

Compliance entities reversed course from last week by adding to their California Carbon Allowance (CCA) position amid continued spread trading ahead of the Q4 WCI auction, while financials continued to shorten their CCA holdings and add to their RGGI length, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

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