Weekly Commentary: Large OI creation, pre-auction points to a bullish CCA market
February 15, 2021 by Anant Jain
Summary: Large OI creation before auction week; 5.8M tons OI change WoW*CFTC data shows Fund managers increased net long positions by 2M tonsLowest spread trade volume of 2021, at 21.8% of total weekly volume Last week at the InterContinental Exchange (ICE) a total of 5.8M tons of new positions opened…
