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
07/23/2024
69,589
(+3,857)
122,219
(-13,371)
117,236
(-22,538)
75,016
(-5,858)
21,712
(+186)
11,302
(+734)
254,535
(-18,495, -8.15%) 		-52,630 (+17,228, +24.7%) 25.08%
07/16/2024
65,732
(+2,864)
135,590
(+5,173)
139,774
(-1,463)
80,874
(-4,332)
21,526
(-398)
10,568
(+162)
270,330
(+1,003, +0.44%) 		-69,858 (-2,309, -3.4%) 10.23%
07/09/2024
62,868
(+1,090)
130,417
(+6,512)
141,237
(+5,994)
85,206
(-814)
21,924
(-522)
10,406
(+864)
263,869
(+6,562, +2.99%) 		-67,549 (-5,422, -8.7%) 12.22%
07/02/2024
61,778
(+203)
123,905
(-135)
135,243
(+445)
86,020
(+1,348)
22,446
(-1,178)
9,542
(-1,743)
256,039
(-530, -0.24%) 		-62,127 (+338, +0.5%) 16.89%
06/25/2024
61,575
(-11,258)
124,040
(-13,308)
134,798
(+908)
84,672
(+3,403)
23,624
(+172)
11,285
(-273)
255,809
(-10,178, -4.42%) 		-62,465 (+2,050, +3.2%) 16.6%
06/18/2024
72,833
(-676)
137,348
(-9,452)
133,890
(-5,123)
81,269
(+3,544)
23,452
(+468)
11,558
(+577)
265,935
(-5,331, -2.26%) 		-64,515 (+8,776, +12.0%) 14.83%
06/11/2024
73,509
(-5,740)
146,800
(-7,164)
139,013
(-3,699)
77,725
(-3,860)
22,984
(-938)
10,981
(+647)
270,090
(-10,377, -4.22%) 		-73,291 (+1,424, +1.9%) 7.27%
06/04/2024
79,249
(-572)
153,964
(-2,611)
142,712
(-11,027)
81,585
(-6,632)
23,922
(-226)
10,334
(-2,582)
283,719
(-11,825, -4.59%) 		-74,715 (+2,039, +2.7%) 6.04%
05/28/2024
79,821
(+11,041)
156,575
(+6,078)
153,739
(-9,148)
88,217
(-2,976)
24,148
(-267)
12,916
(-1,476)
298,839
(+1,626, +0.63%) 		-76,754 (+4,963, +6.1%) 4.28%
05/21/2024
68,780
(-2,246)
150,497
(+9,815)
162,887
(-775)
91,193
(-10,689)
24,415
(-831)
14,392
(-2,978)
303,409
(-3,852, -1.48%) 		-81,717 (-12,061, -17.3%) 0.0%
05/14/2024
71,026
(+6,746)
140,682
(+6,390)
163,662
(+3,515)
101,882
(+4,383)
25,246
(+2,697)
17,370
(+2,185)
316,141
(+12,958, +5.25%) 		-69,656 (+356, +0.5%) 0.34%
05/07/2024
64,280
(-1,825)
134,292
(+1,545)
160,147
(+7,340)
97,499
(+2,756)
22,549
(-698)
15,185
(+516)
300,392
(+4,817, +1.99%) 		-70,012 (-3,370, -5.1%) 0.0%
04/30/2024
66,105
(-7,215)
132,747
(-6,768)
152,807
(+3,794)
94,743
(+4,124)
23,247
(+174)
14,669
(-603)
293,492
(-3,247, -1.32%) 		-66,642 (-447, -0.7%) 0.0%
04/23/2024
73,320
(+3,760)
139,515
(+13,869)
149,013
(+4,423)
90,619
(-6,402)
23,073
(-186)
15,272
(+530)
308,479
(+7,997, +3.37%) 		-66,195 (-10,109, -18.0%) 0.0%
04/16/2024
69,560
(-5,617)
125,646
(+963)
144,590
(+18)
97,021
(-4,857)
23,259
(+1,660)
14,742
(-45)
299,220
(-3,939, -1.63%) 		-56,086 (-6,580, -13.3%) 0.0%
04/09/2024
75,177
(-12,257)
124,683
(+8,303)
144,572
(+17,706)
101,878
(-4,692)
21,599
(-1,993)
14,787
(-155)
301,181
(+3,456, +1.45%) 		-49,506 (-20,560, -71.0%) 0.0%
04/02/2024
87,434
(+1,706)
116,380
(-192)
126,866
(+6,095)
106,570
(+8,882)
23,592
(+1,813)
14,942
(+924)
293,955
(+9,614, +4.21%) 		-28,946 (+1,898, +6.2%) 18.23%
03/26/2024
85,728
(+13,794)
116,572
(+5,136)
120,771
(-3,545)
97,688
(+5,297)
21,779
(-99)
14,018
(-283)
280,731
(+10,150, +4.65%) 		-30,844 (+8,658, +21.9%) 15.78%
03/19/2024
71,934
(+2,556)
111,436
(+34,613)
124,316
(+36,877)
92,391
(+10,379)
21,878
(+4,828)
14,301
(-731)
269,690
(+44,261, +25.46%) 		-39,502 (-32,057, -430.6%) 4.58%
03/12/2024
69,378
(-1,160)
76,823
(+8,993)
87,439
(+16,469)
82,012
(+5,715)
17,050
(+1,178)
15,032
(+1,779)
219,445
(+16,487, +10.48%) 		-7,445 (-10,153, -374.9%) 46.05%
03/05/2024
70,538
(+924)
67,830
(-1,504)
70,970
(+1,297)
76,297
(+5,021)
15,872
(-342)
13,253
(-1,638)
198,561
(+1,879, +1.21%) 		+2,708 (+2,428, +867.1%) 59.18%
02/27/2024
69,614
(-20,273)
69,334
(-4,345)
69,673
(-10,268)
71,276
(-24,607)
16,214
(-29)
14,891
(-1,618)
189,805
(-30,570, -16.43%) 		+280 (-15,928, -98.3%) 56.04%
02/20/2024
89,887
(-10,526)
73,679
(+3,692)
79,941
(+1,712)
95,883
(-15,043)
16,243
(-1,046)
16,509
(+1,491)
229,777
(-9,860, -5.03%) 		+16,208 (-14,218, -46.7%) 76.65%
02/13/2024
100,413
(+8,992)
69,987
(-10,546)
78,229
(+6,946)
110,926
(+25,933)
17,289
(+1,109)
15,018
(+1,660)
257,761
(+17,047, +9.53%) 		+30,426 (+19,538, +179.4%) 95.04%
02/06/2024
91,421
(+492)
80,533
(-3,125)
71,283
(+183)
84,993
(+5,295)
16,180
(-936)
13,358
(-2,431)
245,784
(-261, -0.15%) 		+10,888 (+3,617, +49.7%) 69.77%
01/30/2024
90,929
(-6,056)
83,658
(+14,368)
71,100
(+4,731)
79,698
(-16,594)
17,116
(+1,390)
15,789
(+2,291)
229,699
(+65, +0.04%) 		+7,271 (-20,424, -73.7%) 65.09%
01/23/2024
96,985
(+3,452)
69,290
(-1,392)
66,369
(+3,961)
96,292
(+8,578)
15,726
(+870)
13,498
(+1,097)
233,110
(+8,283, +4.85%) 		+27,695 (+4,844, +21.2%) 91.51%
01/16/2024
93,533
(+15,825)
70,682
(+2,003)
62,408
(-1,854)
87,714
(+10,285)
14,856
(-1,541)
12,401
(+142)
219,315
(+12,430, +7.85%) 		+22,851 (+13,822, +153.1%) 85.24%
01/09/2024
77,708
(+13,507)
68,679
(-7,160)
64,262
(-6,332)
77,429
(+15,452)
16,397
(+685)
12,259
(-432)
206,716
(+7,860, +5.22%) 		+9,029 (+20,667, +177.6%) 67.36%
01/02/2024
64,201
(-1,660)
75,839
(-178)
70,594
(-2,492)
61,977
(-4,032)
15,712
(+543)
12,691
(+601)
190,752
(-3,609, -2.34%) 		-11,638 (-1,482, -14.6%) 40.62%
12/26/2023
65,861
(+642)
76,017
(+3,152)
73,086
(-1,551)
66,009
(-3,069)
15,169
(-3,384)
12,090
(-4,376)
189,731
(-4,293, -2.71%) 		-10,156 (-2,510, -32.8%) 42.54%
12/19/2023
65,219
(-3,257)
72,865
(+9,520)
74,637
(+9,007)
69,078
(-556)
18,553
(+5,080)
16,466
(+1,866)
189,537
(+10,830, +7.34%) 		-7,646 (-12,777, -249.0%) 45.79%
12/12/2023
68,476
(-926)
63,345
(-3,918)
65,630
(+2,850)
69,634
(+4,860)
13,473
(+83)
14,600
(+1,065)
176,034
(+2,007, +1.38%) 		+5,131 (+2,992, +139.9%) 62.32%
12/05/2023
69,402
(+2,054)
67,263
(+4,827)
62,780
(+31)
64,774
(-1,847)
13,390
(+81)
13,535
(-814)
176,373
(+2,166, +1.51%) 		+2,139 (-2,773, -56.5%) 58.45%
11/28/2023
67,348
(-2,422)
62,436
(-1,799)
62,749
(-2,073)
66,621
(-1,744)
13,309
(-704)
14,349
(-1,656)
173,233
(-5,199, -3.5%) 		+4,912 (-623, -11.3%) 62.03%
11/21/2023
69,770
(-10,517)
64,235
(+397)
64,822
(+2,846)
68,365
(-10,219)
14,013
(-1,015)
16,005
(+1,136)
187,077
(-8,686, -5.52%) 		+5,535 (-10,914, -66.4%) 62.84%
11/14/2023
80,287
(+5,984)
63,838
(+586)
61,976
(-4,077)
78,584
(+2,243)
15,028
(+1,035)
14,869
(+113)
206,072
(+2,942, +1.91%) 		+16,449 (+5,398, +48.8%) 76.96%
11/07/2023
74,303
(-6,697)
63,252
(+647)
66,053
(-3,856)
76,341
(-10,729)
13,993
(-752)
14,756
(-1,223)
213,615
(-11,305, -6.82%) 		+11,051 (-7,344, -39.9%) 69.98%
10/31/2023
81,000
(-7,951)
62,605
(-4,945)
69,909
(-1,939)
87,070
(-5,538)
14,745
(-188)
15,979
(+405)
222,566
(-10,078, -5.73%) 		+18,395 (-3,006, -14.0%) 79.48%
10/24/2023
88,951
(+1,313)
67,550
(+3,220)
71,848
(+175)
92,608
(-4,954)
14,933
(-2,370)
15,574
(+852)
224,704
(-882, -0.5%) 		+21,401 (-1,907, -8.2%) 83.37%
10/17/2023
87,638
(+9,030)
64,330
(-86)
71,673
(+4,994)
97,562
(+16,128)
17,303
(+1,757)
14,722
(-261)
220,619
(+15,781, +9.81%) 		+23,308 (+9,116, +64.2%) 85.83%
10/10/2023
78,608
(-7,177)
64,416
(-1,417)
66,679
(-2,594)
81,434
(-9,751)
15,546
(-404)
14,983
(+993)
201,214
(-10,175, -5.95%) 		+14,192 (-5,760, -28.9%) 74.04%
10/03/2023
85,785
(-1,733)
65,833
(+5,507)
69,273
(-1,390)
91,185
(-8,257)
15,950
(+25)
13,990
(-348)
208,795
(-3,098, -1.78%) 		+19,952 (-7,240, -26.6%) 81.49%
09/26/2023
87,518
(+9,814)
60,326
(-5,066)
70,663
(+2,419)
99,442
(+14,898)
15,925
(-671)
14,338
(+1,730)
216,031
(+11,562, +7.11%) 		+27,192 (+14,880, +120.9%) 90.86%
09/19/2023
77,704
(+1,143)
65,392
(-1,283)
68,244
(+911)
84,544
(+4,877)
16,596
(+551)
12,608
(-989)
201,097
(+2,605, +1.63%) 		+12,312 (+2,426, +24.5%) 71.61%
09/12/2023
76,561
(-2,306)
66,675
(-7,533)
67,333
(+215)
79,667
(+5,779)
16,045
(+1,165)
13,597
(+828)
196,198
(-926, -0.58%) 		+9,886 (+5,227, +112.2%) 68.47%
09/05/2023
78,867
(-5,425)
74,208
(+5,403)
67,118
(+4,494)
73,888
(-5,352)
14,880
(+785)
12,769
(-197)
193,597
(-146, -0.09%) 		+4,659 (-10,828, -69.9%) 61.71%
08/29/2023
84,292
(-10,688)
68,805
(-3,676)
62,624
(-1,281)
79,240
(-9,280)
14,095
(-2,411)
12,966
(-1,424)
190,629
(-14,380, -8.2%) 		+15,487 (-7,012, -31.2%) 75.71%
08/22/2023
94,980
(-6,847)
72,481
(-8,681)
63,905
(-3,496)
88,520
(-4,579)
16,506
(-1,674)
14,390
(+1,243)
211,645
(-12,017, -6.41%) 		+22,499 (+1,834, +8.9%) 84.79%
08/15/2023
101,827
(+5,099)
81,162
(-10,658)
67,401
(-3,846)
93,099
(+11,795)
18,180
(+197)
13,147
(+313)
224,215
(+1,450, +0.78%) 		+20,665 (+15,757, +321.0%) 82.41%
Price data: Database (20,031 records) Futures Continuous
COT data: CFTC • Updated weekly on Fridays