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Commodity Mid Session News

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(17 Feb 2025, 14:30)

Commodities Buzz: Copper net speculative long positions hit highest in more than three months

Base metals speculators continued to add to their net long positions in the Copper futures market last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds and retailers totaled a net long position of 20896 contracts in the data reported through February 11, 2025, spiking by 5475 contracts and hitting highest in three and half months.
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