Commodities Buzz: Copper net speculative long positions continue to fall

Base metal speculators yet again cut 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 68520 contracts in the data reported through October 13, 2026, witnessing a fall of 914 contracts. Net longs have come off highest mark in last decade and currently are currently at three-month low.

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