Speculators cut WCI allowance holdings as prices approached floor, data shows

Published 22:00 on May 15, 2020  /  Last updated at 22:12 on May 15, 2020  / Dan McGraw /  Americas, Canada, US

Speculators trimmed their length in the California Carbon Allowance (CCA) market as the secondary market trended back towards the WCI floor price, with compliance entities adding to their holdings during that period,US Commodity Futures Trading Commission (CFTC) data showed Friday.
Speculators trimmed their length in the California Carbon Allowance (CCA) market as the secondary market trended back towards the WCI floor price, with compliance entities adding to their holdings during that period,US Commodity Futures Trading Commission (CFTC) data showed Friday.


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