Speculators take advantage of price rout in CCAs

Published 23:56 on June 7, 2024  /  Last updated at 23:56 on June 7, 2024  / Joan Pinto /  Americas, Canada, US

Speculators were the only group buying California Carbon Allowances (CCAs), while traders reduced net length across the rest of North American carbon markets as prices in the secondary market retraced, according to weekly data from the US Commodity Futures Trading Commission (CFTC).
Speculators were the only group buying California Carbon Allowances (CCAs), while traders reduced net length across the rest of North American carbon markets as prices in the secondary market retraced, according to weekly data from the US Commodity Futures Trading Commission (CFTC).


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