Americas > Speculators sell CCAs ahead of auction, producers continue to reduce RGGI net length

Speculators sell CCAs ahead of auction, producers continue to reduce RGGI net length

Published 23:14 on May 12, 2023  /  Last updated at 23:14 on May 12, 2023  / William Koblensky Varela /  Americas, Canada, US

Financial entities sold off a significant chunk of their California Carbon Allowance (CCA) net length this week as they continued to pare down in RGGI, while compliance players continued to shed holdings across the board, data from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Financial entities sold off a significant chunk of their California Carbon Allowance (CCA) net length this week as they continued to pare down in RGGI, while compliance players continued to shed holdings across the board, data from the US Commodity Futures Trading Commission (CFTC) showed Friday.


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