Americas > Producers boost CCA holdings, financials lock-in profits but scoop ACP, RGGI contracts as prices bolt higher

Producers boost CCA holdings, financials lock-in profits but scoop ACP, RGGI contracts as prices bolt higher

Published 22:57 on July 21, 2023  /  Last updated at 23:06 on July 21, 2023  / Joan Pinto /  Americas, Canada, US

Emitters once again added to their California Carbon Allowances (CCAs) net length as prices made new year-to-date highs ahead of ARB’s public workshop next week, while speculators took profits, choosing to reduce CCA net positions but continuing to amass RGGI Allowances (RGA), data from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Emitters once again added to their California Carbon Allowances (CCAs) net length as prices made new year-to-date highs ahead of ARB’s public workshop next week, while speculators took profits, choosing to reduce CCA net positions but continuing to amass RGGI Allowances (RGA), data from the US Commodity Futures Trading Commission (CFTC) showed Friday.


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