CFTC: Producers, managed money move in different directions in CCAs, RGAs

Emitters extended their net long position in California Carbon Allowances (CCAs) and expanded their net short in RGGI Allowances (RGAs), while investors did the opposite, and both groups reduced their net short in Washington Carbon Allowances (WCAs) after weaker-than-expected Q1 auction results, the latest US Commodity Futures Trading Commission (CFTC) data showed.