Americas > Speculators jump back into California market, emitters take advantage of CCA price spike and reduce net holdings

Speculators jump back into California market, emitters take advantage of CCA price spike and reduce net holdings

Published 23:08 on June 16, 2023  /  Last updated at 23:08 on June 16, 2023  / Joan Pinto /  Americas, Canada, US

Speculators raised their net holdings of California Carbon Allowances (CCAs) this week as producers took advantage of a steady price increase and reduced CCA net interest, but picked up RGGI Allowances (RGAs) despite a lack of momentum in the US Northeast power sector carbon market, data from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Speculators raised their net holdings of California Carbon Allowances (CCAs) this week as producers took advantage of a steady price increase and reduced CCA net interest, but picked up RGGI Allowances (RGAs) despite a lack of momentum in the US Northeast power sector carbon market, data from the US Commodity Futures Trading Commission (CFTC) showed Friday.


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