Institutional investors (non-commercial participants) are again net long in Matif wheat. The 9,018 net long positions on futures and options from the previous week were increased to 12,614 net long positions in the week ending December 6. This is shown in the COT report published today by Euronext. The group of "non-commercial participants" includes investment funds, banks and insurance companies.
The group of "commercial participants", which includes hedgers, increased their net short positions from 21,528 contracts to 22,745 net short contracts as of December 6. This group accounts for 77.7% of open interest, while non-commercial participants represent 17.6% of open interest.
95.2% of the open interest in Euronext Wheat was taken into account (previous week: 97%).
Source
HANSA Terminhandel
