Commodities Buzz: Copper net speculative long positions spike to three week high

Base metals speculators sharply added 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 18598 contracts in the data reported through March 11, 2025, gaining by 5586 contracts and hitting three week high.

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