Commodities Buzz: Copper net speculative longs continue to slide

Base metal speculators continued to trim their longs in the Copper futures market, 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 totalled a net long position of 64272 contracts in the data reported through July 7, 2026, falling by 516 contracts and slipping to two-month low.

Powered by Commodity Insights