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CCA Weekly Commentary: CCAs continue to rise ahead of CARB’s July workshop; anticipation of a final US FED rate hike

July 24, 2023 by Tarana Ahmad

Summary: CCA front on Friday closed at $33.59 gaining $0.48 over the week.ICE (Intercontinental Exchange) weekly volume was reported as 17.58 M tons (-26.28% WoW) and the 4-week moving average was reported as 16.17 M tons.CFTC: OI rose by 9 M tons; compliance entities increased short positions by 2.95 M…

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Related posts:

  1. CCA Weekly Commentary: Navigating a Volatile Week – CCAs Surge as CARB’s Cap-and-Trade Workshop, CPI Data, FED’s Rate Hike Pause, and Treasury Bill Sale Set the Tone
  2. CCA Weekly Commentary: CCAs strengthened post CARB’s unexpected announcement on a July workshop for potential amendments to the program
  3. CCA Weekly Commentary: CCAs continue upward climb; CARB announces a workshop on the Cap-and-Trade program on June 14
  4. CCA Weekly Commentary: CCAs observe upwards momentum following CARB’s Joint California-Québec Public Workshop; May CPI Shows Lowest Annual Inflation Rate in Over Two Years

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