Commodities Buzz: Copper net speculative long positions spike to six month high

Base metals speculators sharply raised 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 34104 contracts in the data reported through March 25, 2025, soaring by 8912 contracts and hitting around six month high.

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