Speculators slash CCA length, producers favour current California vintage and buy RGAs

Published 22:51 on June 9, 2023  /  Last updated at 22:51 on June 9, 2023  / William Koblensky Varela /  Americas, Canada, US

Speculators significantly reduced their net holdings of California Carbon Allowances (CCAs) this week, while producers built length in the current vintage WCI contract and picked up RGGI Allowances (RGAs), data from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Speculators significantly reduced their net holdings of California Carbon Allowances (CCAs) this week, while producers built length in the current vintage WCI contract and picked up RGGI Allowances (RGAs), data from the US Commodity Futures Trading Commission (CFTC) showed Friday.


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