RGGI Weekly Commentary: Prices continue upwards rally, trading in $14-$15 range, bolstered by the Q3 auction success and upcoming Third Program Review

September 18, 2023 by Megha Jha

Highlights RGGI weekly average futures settlement price: $14.36 (+1.70% WoW)ICE weekly volume was reported as 4.12 M tons (-36.27% WoW)CFTC: OI up by 3.80 M tons; compliance entities increased short positions by 2.06 M tons, and managed money increased long positions by 0.85 M tons. Summary The RGGI market maintained…

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