• The No.11 net speculative position increased by a huge 90k lots in the week before last Tuesday.
  • This buying pushed prices up 60pts and puts their net position long for the first time in over a year.
  • The producers have used this opportunity to price heavily, with the commercial short moving above 600k lots for the first time in almost 3 years.  

ICE No.11 Futures Speculative Positioning (values as of 10th December 2019

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ICE No.11 Futures Commerical Positioning (values as of 10th December 2019)

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ICE No.11 Futures Open Interest (values as of 10th December 2019)

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ICE Futures Europe (No.5) Speculative Positioning (values as of 10th December 2019)

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ICE Futures Europe Open Interest (values as of 10th December 2019)

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