Americas > Producers opt for V23 CCA net length over next year’s contract, speculators bet on RGGI

Producers opt for V23 CCA net length over next year’s contract, speculators bet on RGGI

Published 23:04 on July 28, 2023  /  Last updated at 23:04 on July 28, 2023  / William Koblensky Varela /  Americas, Canada, US

Emitters favoured this year's California Carbon Allowance (CCA) vintage contract as prices stalled prior to a workshop-fuelled rally, while financial players went in the opposite direction on the V24 contract and also picked up a significant amount of RGGI Allowances (RGAs), data from the US Commodity Futures Trading Commission (CFTC) showed Friday.
Emitters favoured this year's California Carbon Allowance (CCA) vintage contract as prices stalled prior to a workshop-fuelled rally, while financial players went in the opposite direction on the V24 contract and also picked up a significant amount of RGGI Allowances (RGAs), data from the US Commodity Futures Trading Commission (CFTC) showed Friday.


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