• The spec position has continued to fall however the No.11 price did not fluctuate hugely as the commercial longs have taken the opportunity to increase their position.
  • The open interest has increased significantly to 1,041k lots, almost reaching record OI for the No.11.
  • The No.5 short has continued to post record numbers, reaching 21,335 lots. This is the most sustained spec short position on the market we have seen in the recent past.

ICE No.11 Futures Speculative Positioning (values as of 21st May 2019)

ICE No.11 Futures Commerical Positioning (values as of 21st May 2019)

ICE No.11 Futures Open Interest (values as of 21st May 2019)

ICE Futures Europe (No.5) Speculative Positioning

ICE Futures Europe Open Interest (values as of 21st May 2019)