Kilambi News
Wednesday, October 28, 2026

CG Mainline Basis COT Report, Disaggregated

Wednesday, October 28, 2026

Managed Money net -13,406 contracts in CG Mainline Basis, positions as of Tue 20 Oct 2026.

Data as of Positions as of Tue 20 Oct 2026; published Fri 23 Oct 2026

Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)

Report familyDisaggregated
BasisFutures only
MarketCG Mainline Basis - ICE FUTURES ENERGY DIV
CFTC contract code02339Y
Contract unit2500 Mmbtu
Open interest, contracts320,380
Change in open interest, contracts+7,648

Latest report, futures only

CategoryLongShortSpreadingNetLong % of OIShort % of OINet % of OI
Producer/Merchant/Processor/User305,505202,240-+103,26595.463.132.2
Swap Dealers1,19896,1503,083-94,9520.430.0-29.6
Managed Money013,406917-13,4060.04.2-4.2
Other Reportables4,83200+4,8321.50.01.5
Total reportable315,535315,796--26198.598.6-0.1
Nonreportable4,8454,584-+2611.51.40.1

Managed Money: position against its own history

Weekly net, last 156 reports

Managed Money net, contracts-13,406
Week change-2,158
4-week change+3,093
13-week change-1,837
Net as % of open interest-4.2%
Percentile, 1 year (52 weeks)88
Percentile, 3 years (156 weeks)56
Z-score, 52 weeks1.14
COT Index, 3 years53
52-week high of net-9,931
52-week low of net-41,473

Traders and concentration

CategoryTraders longTraders short
Producer/Merchant/Processor/User2015
Swap Dealers-9
Managed Money05
Other Reportables-0
Total reportable2730
Largest 4 traders, gross long74.7%
Largest 4 traders, gross short64.5%
Largest 8 traders, gross long87.2%
Largest 8 traders, gross short78.2%
Largest 4 traders, net long74.4%
Largest 4 traders, net short63.9%
Largest 8 traders, net long86.9%
Largest 8 traders, net short77.5%

Concentration is the share of open interest held by the largest traders, as published in the report.

Latest report, futures and options combined

CategoryLongShortSpreadingNetLong % of OIShort % of OINet % of OI
Producer/Merchant/Processor/User305,505202,240-+103,26595.463.132.2
Swap Dealers1,19896,1503,083-94,9520.430.0-29.6
Managed Money013,406917-13,4060.04.2-4.2
Other Reportables4,83200+4,8321.50.01.5
Total reportable315,535315,796--26198.598.6-0.1
Nonreportable4,8454,584-+2611.51.40.1

The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.

Open interest by maturity split

All contract months, contracts320,380
Old crop / nearest months, contracts320,380
Other months, contracts0

Recent reports, net by category

Report dateOpen interestProducer/Merchant/Processor/UserSwap DealersManaged MoneyOther ReportablesTotal reportableNonreportable
Tue 20 Oct 2026320,380+103,265-94,952-13,406+4,832-261+261
Tue 13 Oct 2026312,732+98,373-93,099-11,248+4,228-1,746+1,746
Tue 6 Oct 2026311,372+97,007-92,646-9,931+3,624-1,946+1,946
Tue 29 Sep 2026338,534+103,953-95,881-15,692+4,306-3,314+3,314
Tue 22 Sep 2026338,629+103,917-95,320-16,499+4,306-3,596+3,596
Tue 15 Sep 2026334,888+101,658-96,105-13,190+3,872-3,765+3,765
Tue 8 Sep 2026329,144+96,712-88,782-13,584+3,624-2,030+2,030
Tue 1 Sep 2026356,966+102,415-91,235-15,593+3,593-820+820
Tue 25 Aug 2026342,930+95,204-84,983-15,379+3,593-1,565+1,565
Tue 18 Aug 2026330,867+89,645-77,300-14,539+1,781-413+413

Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.

Source: CFTC Commitments of Traders, Disaggregated report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.