Financial investors extend short position in Euronext wheat
PARIS, Sept 27 (Reuters) -
Non-commercial market participants increased their net short position in Euronext's milling wheat futures and options in the week to Sept. 22, data published by Euronext on Wednesday showed.
Non-commercial participants, which include investment funds and financial institutions, expanded their net short position to 62,608 contracts from 46,619 a week earlier, the data showed.
Commercial participants raised their net long position to 46,558 contracts from 34,152 a week earlier.
Commercials' short positions accounted for 53.7% of the total short position, while commercial long positions accounted for 64.9% of total long positions.
Non-commercial short positions represented 46.3% of total short positions, while non-commercial net long positions accounted for 35.1% of the total longs.
In Euronext's rapeseed futures and options, non-commercial market participants extended their net short position to 22,648 contracts from 15,627 a week earlier.
Commercial participants increased their net long position in rapeseed to 21,419 contracts from 14,583 a week earlier.
To access Euronext's position data for commodity trading, which also covers maize futures: https://live.euronext.com/products/commodities
Reporting by Gus Trompiz;Editing by Elaine Hardcastle
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.