Copper

Futures Continuous hg.c
Open Interest 268,800 (-2,190, -1.0%)
Commercial Net -80,478 (+3,930, +4.7%)
Large Spec Net 71,620 (-3,730)
Small Traders Net 8,858 (-200)
COT Index 6.86% As of 06/23/2026
Last Update 06/23 Weekly Report
Copper Price
Futures Continuous • D / W / M
Copper Valuation
vs Bonds, Gold, DXY
COT Positioning Chart
Net positions over time
Copper COT Index
Current positioning
0% = Lowest in 3 years | 50% = Middle | 100% = Highest
COT Positioning Trends
Line chart trends
Filter Historical Data
Historical COT Data
50 records with weekly changes
Date Commercials Large Speculators Small Traders Open Interest Net Commercial COT Index
Long Short Long Short Long Short
07/08/2025
64,469
(+3,200)
105,571
(+7,009)
80,843
(+6,218)
41,239
(+304)
14,535
(-1,882)
13,037
(+223)
230,251
(+7,536, +4.95%)
-41,102 (-3,809, -10.2%) 35.02%
07/01/2025
61,269
(-1,242)
98,562
(+4,332)
74,625
(+3,844)
40,935
(-413)
16,417
(+1,385)
12,814
(+68)
212,300
(+3,987, +2.69%)
-37,293 (-5,574, -17.6%) 38.3%
06/24/2025
62,511
(+723)
94,230
(+3,759)
70,781
(+4,243)
41,348
(-1,390)
15,032
(-1,110)
12,746
(+1,487)
203,404
(+3,856, +2.67%)
-31,719 (-3,036, -10.6%) 43.11%
06/17/2025
61,788
(+97)
90,471
(-1,504)
66,538
(-5,563)
42,738
(-3,012)
16,142
(-537)
11,259
(-1,487)
202,728
(-6,003, -3.99%)
-28,683 (+1,601, +5.3%) 45.73%
06/10/2025
61,691
(-2,948)
91,975
(+323)
72,101
(+852)
45,750
(-1,405)
16,679
(+2,117)
12,746
(+1,103)
207,359
(+21, +0.01%)
-30,284 (-3,271, -12.1%) 44.35%
06/03/2025
64,639
(-469)
91,652
(+469)
71,249
(+1,305)
47,155
(-208)
14,562
(-458)
11,643
(+117)
211,857
(+378, +0.25%)
-27,013 (-938, -3.6%) 47.17%
05/27/2025
65,108
(+528)
91,183
(+3,180)
69,944
(+929)
47,363
(-614)
15,020
(+856)
11,526
(-253)
208,601
(+2,313, +1.57%)
-26,075 (-2,652, -11.3%) 47.98%
05/20/2025
64,580
(+3,775)
88,003
(+2,855)
69,015
(-2,911)
47,977
(-2,427)
14,164
(-204)
11,779
(+232)
205,105
(+660, +0.45%)
-23,423 (+920, +3.8%) 50.26%
05/13/2025
60,805
(-705)
85,148
(+1,283)
71,926
(+149)
50,404
(+330)
14,368
(+1,026)
11,547
(-1,143)
195,840
(+470, +0.32%)
-24,343 (-1,988, -8.9%) 49.47%
05/06/2025
61,510
(-1,910)
83,865
(+381)
71,777
(+165)
50,074
(-2,169)
13,342
(-358)
12,690
(-315)
192,752
(-2,103, -1.41%)
-22,355 (-2,291, -11.4%) 51.18%
04/29/2025
63,420
(+221)
83,484
(-3,365)
71,612
(-6,995)
52,243
(-1,599)
13,700
(+1,434)
13,005
(-376)
191,990
(-5,340, -3.47%)
-20,064 (+3,586, +15.2%) 53.16%
04/22/2025
63,199
(-4,716)
86,849
(-1,238)
78,607
(+3,145)
53,842
(-2,143)
12,266
(-1,718)
13,381
(+92)
196,712
(-3,289, -2.09%)
-23,650 (-3,478, -17.2%) 50.07%
04/15/2025
67,915
(-3,073)
88,087
(-4,330)
75,462
(-5,751)
55,985
(-987)
13,984
(-2,438)
13,289
(-5,945)
202,997
(-11,262, -6.68%)
-20,172 (+1,257, +5.9%) 53.07%
04/08/2025
70,988
(-8,355)
92,417
(-18,035)
81,213
(-12,888)
56,972
(-7,104)
16,422
(+118)
19,234
(+4,014)
220,390
(-21,125, -11.13%)
-21,429 (+9,680, +31.1%) 51.98%
04/01/2025
79,343
(+8,528)
110,452
(+5,107)
94,101
(-11,984)
64,076
(-7,905)
16,304
(-1,002)
15,220
(-1,660)
245,181
(-4,458, -2.3%)
-31,109 (+3,421, +9.9%) 43.64%
03/25/2025
70,815
(+2,406)
105,345
(+9,384)
106,085
(+5,009)
71,981
(-3,903)
17,306
(-540)
16,880
(+1,394)
251,957
(+6,875, +3.67%)
-34,530 (-6,978, -25.3%) 40.69%
03/18/2025
68,409
(-509)
95,961
(+4,987)
101,076
(+6,147)
75,884
(-447)
17,846
(+564)
15,486
(+1,662)
237,882
(+6,202, +3.42%)
-27,552 (-5,496, -24.9%) 46.7%
03/11/2025
68,918
(-1,353)
90,974
(+4,514)
94,929
(+5,942)
76,331
(+356)
17,282
(+504)
13,824
(+223)
227,359
(+5,093, +2.89%)
-22,056 (-5,867, -36.2%) 51.44%
03/04/2025
70,271
(+2,030)
86,460
(-4,389)
88,987
(-2,770)
75,975
(+3,240)
16,778
(-2,173)
13,601
(-1,764)
218,780
(-2,913, -1.63%)
-16,189 (+6,419, +28.4%) 56.5%
02/25/2025
68,241
(-2,978)
90,849
(-5,090)
91,757
(-9,713)
72,735
(-6,672)
18,951
(+1,222)
15,365
(+293)
222,133
(-11,469, -6.02%)
-22,608 (+2,112, +8.5%) 50.97%
02/18/2025
71,219
(-3,950)
95,939
(-4,072)
101,470
(-2,562)
79,407
(-3,729)
17,729
(-129)
15,072
(+1,160)
238,331
(-6,641, -3.37%)
-24,720 (+122, +0.5%) 49.15%
02/11/2025
75,169
(-8,576)
100,011
(-2,444)
104,032
(+12,030)
83,136
(+6,555)
17,858
(+2,166)
13,912
(+1,509)
243,961
(+5,620, +2.94%)
-24,842 (-6,132, -32.8%) 49.04%
02/04/2025
83,745
(-1,038)
102,455
(-685)
92,002
(+5,171)
76,581
(+2,795)
15,692
(-1,226)
12,403
(+797)
235,599
(+2,907, +1.54%)
-18,710 (-353, -1.9%) 54.33%
01/28/2025
84,783
(+11,313)
103,140
(+7,941)
86,831
(-2,024)
73,786
(+1,594)
16,918
(+398)
11,606
(+152)
234,867
(+9,687, +5.42%)
-18,357 (+3,372, +15.5%) 54.63%
01/21/2025
73,470
(-2,956)
95,199
(+4,230)
88,855
(+3,951)
72,192
(-874)
16,520
(+1,143)
11,454
(-1,218)
217,298
(+2,138, +1.21%)
-21,729 (-7,186, -49.4%) 51.72%
01/14/2025
76,426
(-1,751)
90,969
(+6,369)
84,904
(-4,682)
73,066
(-12,250)
15,377
(-1,225)
12,672
(-1,777)
209,052
(-7,658, -4.15%)
-14,543 (-8,120, -126.4%) 57.92%
01/07/2025
78,177
(+1,317)
84,600
(+1,838)
89,586
(+1,286)
85,316
(-2,225)
16,602
(-1,156)
14,449
(+1,834)
218,477
(+1,447, +0.79%)
-6,423 (-521, -8.8%) 64.92%
12/31/2024
76,860
(+477)
82,762
(-1,618)
88,300
(+5,224)
87,541
(+6,269)
17,758
(-661)
12,615
(+389)
219,739
(+5,040, +2.83%)
-5,902 (+2,095, +26.2%) 65.37%
12/24/2024
76,383
(+2,108)
84,380
(-1,645)
83,076
(+1,536)
81,272
(+5,672)
18,419
(+1,059)
12,226
(+676)
213,742
(+4,703, +2.72%)
-7,997 (+3,753, +31.9%) 63.56%
12/17/2024
74,275
(+1,564)
86,025
(-3,575)
81,540
(-3,045)
75,600
(+1,974)
17,360
(+594)
11,550
(+714)
207,513
(-887, -0.51%)
-11,750 (+5,139, +30.4%) 60.33%
12/10/2024
72,711
(-3,160)
89,600
(-1,054)
84,585
(-1,893)
73,626
(-2,386)
16,766
(+354)
10,836
(-1,259)
208,126
(-4,699, -2.63%)
-16,889 (-2,106, -14.2%) 55.9%
12/03/2024
75,871
(-290)
90,654
(-1,268)
86,478
(+3,210)
76,012
(+2,669)
16,412
(-879)
12,095
(+640)
213,182
(+2,041, +1.15%)
-14,783 (+978, +6.2%) 57.71%
11/26/2024
76,161
(-4,037)
91,922
(-10,118)
83,268
(-4,574)
73,343
(+943)
17,291
(-824)
11,455
(-260)
203,954
(-9,435, -5.07%)
-15,761 (+6,081, +27.8%) 56.87%
11/19/2024
80,198
(+2,623)
102,040
(-5,948)
87,842
(-6,099)
72,400
(-696)
18,115
(-2,254)
11,715
(+914)
223,447
(-5,730, -2.99%)
-21,842 (+8,571, +28.2%) 51.63%
11/12/2024
77,575
(-5,407)
107,988
(-9,205)
93,941
(-8,055)
73,096
(-5,230)
20,369
(+361)
10,801
(+1,334)
232,280
(-13,101, -6.39%)
-30,413 (+3,798, +11.1%) 44.24%
11/05/2024
82,982
(-2,308)
117,193
(-2,336)
101,996
(+5,152)
78,326
(+5,221)
20,008
(-354)
9,467
(-395)
251,994
(+2,490, +1.23%)
-34,211 (+28, +0.1%) 40.96%
10/29/2024
85,290
(+8,603)
119,529
(-1,018)
96,844
(-3,158)
73,105
(+5,558)
20,362
(-343)
9,862
(+562)
247,710
(+5,102, +2.58%)
-34,239 (+9,621, +21.9%) 40.94%
10/22/2024
76,687
(+1,315)
120,547
(-44)
100,002
(+966)
67,547
(+4,033)
20,705
(+953)
9,300
(-755)
242,120
(+3,234, +1.67%)
-43,860 (+1,359, +3.0%) 32.64%
10/15/2024
75,372
(+6,790)
120,591
(-295)
99,036
(-6,216)
63,514
(+1,358)
19,752
(-426)
10,055
(-915)
242,791
(+148, +0.08%)
-45,219 (+7,085, +13.5%) 31.47%
10/08/2024
68,582
(+556)
120,886
(+2,020)
105,252
(-3,169)
62,156
(-3,073)
20,178
(-106)
10,970
(-1,666)
241,373
(-2,719, -1.38%)
-52,304 (-1,464, -2.9%) 25.36%
10/01/2024
68,026
(-1,613)
118,866
(+9,600)
108,421
(+12,159)
65,229
(+2,097)
20,284
(+682)
12,636
(-469)
240,587
(+11,228, +6.05%)
-50,840 (-11,213, -28.3%) 26.62%
09/24/2024
69,639
(-774)
109,266
(+13,251)
96,262
(+17,027)
63,132
(+3,579)
19,602
(+1,704)
13,105
(+1,127)
226,141
(+17,957, +10.72%)
-39,627 (-14,025, -54.8%) 36.29%
09/17/2024
70,413
(-438)
96,015
(+6,716)
79,235
(+4,481)
59,553
(-2,389)
17,898
(-1,584)
11,978
(-1,868)
204,717
(+2,459, +1.49%)
-25,602 (-7,154, -38.8%) 48.39%
09/10/2024
70,851
(+113)
89,299
(-403)
74,754
(-2,536)
61,942
(-2,387)
19,482
(+486)
13,846
(+853)
203,377
(-1,937, -1.16%)
-18,448 (+516, +2.7%) 54.55%
09/03/2024
70,738
(+220)
89,702
(-6,818)
77,290
(-11,773)
64,329
(-7,589)
18,996
(-1,275)
12,993
(+1,579)
201,953
(-12,828, -7.13%)
-18,964 (+7,038, +27.1%) 54.11%
08/27/2024
70,518
(-2,356)
96,520
(-4,359)
89,063
(-2,772)
71,918
(+357)
20,271
(+955)
11,414
(-171)
214,577
(-4,173, -2.27%)
-26,002 (+2,003, +7.2%) 48.04%
08/20/2024
72,874
(+14)
100,879
(+3,616)
91,835
(+5,822)
71,561
(+1,345)
19,316
(-1,545)
11,585
(-670)
228,892
(+4,291, +2.39%)
-28,005 (-3,602, -14.8%) 46.31%
08/13/2024
72,860
(-13,455)
97,263
(-17,333)
86,013
(-2,585)
70,216
(+1,216)
20,861
(+466)
12,255
(+543)
229,752
(-15,574, -7.97%)
-24,403 (+3,878, +13.7%) 49.42%
08/06/2024
86,315
(+760)
114,596
(-6,622)
88,598
(-14,359)
69,000
(-9,482)
20,395
(-1,826)
11,712
(+679)
249,019
(-15,425, -7.32%)
-28,281 (+7,382, +20.7%) 46.08%
07/30/2024
85,555
(+15,966)
121,218
(-1,001)
102,957
(-14,279)
78,482
(+3,466)
22,221
(+509)
11,033
(-269)
260,246
(+2,196, +1.05%)
-35,663 (+16,967, +32.2%) 39.71%
Price data: Database (20,031 records) Futures Continuous
COT data: CFTC • Updated weekly on Fridays