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CCA Weekly Commentary: CCA Prices Witness Sharp Rebound

August 8, 2022 by Megha Jha

Summary: CCA front on Friday closed at 29.94, gaining $0.87 over the week.ICE weekly volume reported as 11.64 M  35.7 M tons (-67.4% WoW), 4-week moving avg. 26.5 M tons.CFTC: Total OI decreased by 11.92M tons (+61.1%).  On Sunday, the US Senate passed the legislation ‘Inflation Reduction Act’. Even though…

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