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
08/08/2023
96,728
(+7,717)
91,820
(-15,340)
71,247
(-9,152)
81,304
(+11,649)
17,983
(-1,331)
12,834
(+925)
228,537
(-2,766, -1.47%) 		+4,908 (+23,057, +127.0%) 62.03%
08/01/2023
89,011
(-6,129)
107,160
(+8,116)
80,399
(+6,656)
69,655
(-2,929)
19,314
(+3,141)
11,909
(-1,519)
236,399
(+3,668, +1.98%) 		-18,149 (-14,245, -364.9%) 32.2%
07/25/2023
95,140
(+5,652)
99,044
(+8,502)
73,743
(+6,422)
72,584
(+1,713)
16,173
(-1,511)
13,428
(+348)
234,713
(+10,563, +6.05%) 		-3,904 (-2,850, -270.4%) 50.63%
07/18/2023
89,488
(+3,022)
90,542
(+11,991)
67,321
(+7,932)
70,871
(+325)
17,684
(+346)
13,080
(-1,016)
216,862
(+11,300, +6.92%) 		-1,054 (-8,969, -113.3%) 54.32%
07/11/2023
86,466
(+1,921)
78,551
(+619)
59,389
(+373)
70,546
(+2,768)
17,338
(+1,668)
14,096
(+575)
197,785
(+3,962, +2.49%) 		+7,915 (+1,302, +19.7%) 65.92%
07/03/2023
84,545
(-98)
77,932
(-13,150)
59,016
(-5,498)
67,778
(+6,204)
15,670
(-775)
13,521
(+575)
187,371
(-6,371, -3.85%) 		+6,613 (+13,052, +202.7%) 64.23%
06/27/2023
84,643
(-2,118)
91,082
(+318)
64,514
(-226)
61,574
(-1,278)
16,445
(-314)
12,946
(-1,698)
194,048
(-2,658, -1.58%) 		-6,439 (-2,436, -60.9%) 47.35%
06/20/2023
86,761
(-5,314)
90,764
(+11,349)
64,740
(+3,447)
62,852
(-11,347)
16,759
(+45)
14,644
(-1,824)
204,399
(-1,822, -1.07%) 		-4,003 (-16,663, -131.6%) 50.5%
06/13/2023
92,075
(-13,907)
79,415
(-1,957)
61,293
(+4,633)
74,199
(-8,417)
16,714
(+399)
16,468
(+1,499)
211,957
(-8,875, -4.96%) 		+12,660 (-11,950, -48.6%) 72.06%
06/06/2023
105,982
(-3,133)
81,372
(+6,516)
56,660
(+1,561)
82,616
(-8,185)
16,315
(-64)
14,969
(+33)
229,756
(-1,636, -0.91%) 		+24,610 (-9,649, -28.2%) 87.52%
05/30/2023
109,115
(+7,946)
74,856
(+1,183)
55,099
(-6,364)
90,801
(-470)
16,379
(-1,562)
14,936
(-693)
223,185
(+20, +0.01%) 		+34,259 (+6,763, +24.6%) 100.0%
05/23/2023
101,169
(+1,146)
73,673
(+2,345)
61,463
(+1,770)
91,271
(-1,029)
17,941
(-1,300)
15,629
(+300)
215,394
(+1,616, +0.9%) 		+27,496 (-1,199, -4.2%) 94.83%
05/16/2023
100,023
(+6,812)
71,328
(-2,151)
59,693
(+4,562)
92,300
(+12,304)
19,241
(+986)
15,329
(+2,207)
210,415
(+12,360, +7.42%) 		+28,695 (+8,963, +45.4%) 96.44%
05/09/2023
93,211
(+794)
73,479
(-3,002)
55,131
(+823)
79,996
(+3,946)
18,255
(-783)
13,122
(-110)
194,243
(+834, +0.5%) 		+19,732 (+3,796, +23.8%) 84.39%
05/02/2023
92,417
(+123)
76,481
(-7,509)
54,308
(-2,916)
76,050
(+1,784)
19,038
(-2,014)
13,232
(+918)
195,462
(-4,807, -2.82%) 		+15,936 (+7,632, +91.9%) 79.29%
04/25/2023
92,294
(+3,163)
83,990
(-21,421)
57,224
(-10,038)
74,266
(+15,938)
21,052
(+2,201)
12,314
(+809)
202,422
(-4,674, -2.67%) 		+8,304 (+24,584, +151.0%) 69.03%
04/18/2023
89,131
(-2,268)
105,411
(+12,795)
67,262
(+11,199)
58,328
(-2,038)
18,851
(+58)
11,505
(-1,768)
206,216
(+8,989, +5.41%) 		-16,280 (-15,063, -1237.7%) 35.98%
04/11/2023
91,399
(-2,066)
92,616
(-5,746)
56,063
(-4,475)
60,366
(-3,126)
18,793
(-690)
13,273
(+1,641)
209,501
(-7,231, -4.17%) 		-1,217 (+3,680, +75.1%) 56.23%
04/04/2023
93,465
(-455)
98,362
(-482)
60,538
(+3,943)
63,492
(+5,352)
19,483
(+1,032)
11,632
(-350)
218,687
(+4,520, +2.68%) 		-4,897 (+27, +0.5%) 51.28%
03/28/2023
93,920
(-433)
98,844
(+12,027)
56,595
(+5,500)
58,140
(-5,306)
18,451
(+887)
11,982
(-767)
211,889
(+5,954, +3.65%) 		-4,924 (-12,460, -165.3%) 51.24%
03/21/2023
94,353
(-143)
86,817
(-572)
51,095
(-2,993)
63,446
(-4,798)
17,564
(-1,846)
12,749
(+388)
201,636
(-4,982, -2.97%) 		+7,536 (+429, +6.0%) 68.0%
03/14/2023
94,496
(+3,861)
87,389
(-4,158)
54,088
(-10,770)
68,244
(-4,334)
19,410
(-194)
12,361
(+1,389)
205,997
(-7,103, -4.06%) 		+7,107 (+8,019, +879.3%) 67.42%
03/07/2023
90,635
(+5,267)
91,547
(+6,148)
64,858
(+4,178)
72,578
(+5,860)
19,604
(+1,726)
10,972
(-837)
210,430
(+11,171, +6.81%) 		-912 (-881, -2841.9%) 56.64%
02/28/2023
85,368
(-8,679)
85,399
(-17,158)
60,680
(-12,715)
66,718
(-4,628)
17,878
(-2,682)
11,809
(-2,290)
196,143
(-24,076, -12.81%) 		-31 (+8,479, +99.6%) 57.82%
02/21/2023
94,047
(+918)
102,557
(+7,126)
73,395
(+6,110)
71,346
(-1,450)
20,560
(+804)
14,099
(+2,156)
219,205
(+7,832, +4.35%) 		-8,510 (-6,208, -269.7%) 46.42%
02/14/2023
93,129
(+6,045)
95,431
(-2,840)
67,285
(-8,189)
72,796
(-173)
19,756
(+503)
11,943
(+1,372)
218,099
(-1,641, -0.9%) 		-2,302 (+8,885, +79.4%) 54.77%
02/07/2023
87,084
(+5,390)
98,271
(-7,837)
75,474
(-9,936)
72,969
(+4,774)
19,253
(-511)
10,571
(-1,994)
222,502
(-5,057, -2.71%) 		-11,187 (+13,227, +54.2%) 42.82%
01/31/2023
81,694
(+6,979)
106,108
(+4,851)
85,410
(-2,531)
68,195
(+424)
19,764
(-149)
12,565
(-976)
224,824
(+4,299, +2.35%) 		-24,414 (+2,128, +8.0%) 25.04%
01/24/2023
74,715
(+4,718)
101,257
(+8,565)
87,941
(+3,031)
67,771
(-901)
19,913
(-48)
13,541
(+37)
213,398
(+7,701, +4.4%) 		-26,542 (-3,847, -17.0%) 22.18%
01/17/2023
69,997
(+210)
92,692
(+6,652)
84,910
(+10,157)
68,672
(+4,146)
19,961
(+270)
13,504
(-161)
201,455
(+10,637, +6.48%) 		-22,695 (-6,442, -39.6%) 27.35%
01/10/2023
69,787
(+882)
86,040
(+16,972)
74,753
(+17,562)
64,526
(+2,660)
19,691
(+2,612)
13,665
(+1,424)
186,383
(+21,056, +14.71%) 		-16,253 (-16,090, -9871.2%) 36.01%
01/03/2023
68,905
(+1,840)
69,068
(-2,698)
57,191
(-1,279)
61,866
(+4,120)
17,079
(+976)
12,241
(+115)
164,594
(+1,537, +1.09%) 		-163 (+4,538, +96.5%) 57.65%
12/27/2022
67,065
(+776)
71,766
(+1,970)
58,470
(+2,530)
57,746
(+2,581)
16,103
(+944)
12,126
(-301)
160,334
(+4,250, +3.09%) 		-4,701 (-1,194, -34.0%) 51.54%
12/20/2022
66,289
(+24)
69,796
(-3,028)
55,940
(-2,117)
55,165
(-336)
15,159
(-1,601)
12,427
(-330)
156,204
(-3,694, -2.62%) 		-3,507 (+3,052, +46.5%) 53.15%
12/13/2022
66,265
(-21)
72,824
(+2,184)
58,057
(+2,561)
55,501
(+1,684)
16,760
(+1,392)
12,757
(+64)
162,191
(+3,932, +2.87%) 		-6,559 (-2,205, -50.6%) 49.05%
12/06/2022
66,286
(+3,090)
70,640
(+4,082)
55,496
(+4,063)
53,817
(+4,368)
15,368
(+1,819)
12,693
(+522)
158,762
(+8,972, +7.0%) 		-4,354 (-992, -29.5%) 52.01%
11/29/2022
63,196
(-931)
66,558
(-3,682)
51,433
(-1,268)
49,449
(-148)
13,549
(-2,070)
12,171
(-439)
146,760
(-4,269, -3.22%) 		-3,362 (+2,751, +45.0%) 53.34%
11/22/2022
64,127
(+2,434)
70,240
(-5,036)
52,701
(-8,029)
49,597
(-1,312)
15,619
(-1,713)
12,610
(-960)
155,127
(-7,308, -5.23%) 		-6,113 (+7,470, +55.0%) 49.65%
11/15/2022
61,693
(-1,616)
75,276
(+8,541)
60,730
(+5,702)
50,909
(-1,206)
17,332
(+840)
13,570
(-2,409)
168,962
(+4,926, +3.65%) 		-13,583 (-10,157, -296.5%) 39.6%
11/08/2022
63,309
(-13,085)
66,735
(-1,661)
55,028
(+4,290)
52,115
(-6,107)
16,492
(+2,389)
15,979
(+1,362)
169,929
(-6,406, -4.54%) 		-3,426 (-11,424, -142.8%) 53.26%
11/01/2022
76,394
(-3,348)
68,396
(+4,561)
50,738
(+738)
58,222
(-8,697)
14,103
(-1,236)
14,617
(+290)
179,801
(-3,846, -2.65%) 		+7,998 (-7,909, -49.7%) 68.62%
10/25/2022
79,742
(-3,148)
63,835
(+641)
50,000
(+665)
66,919
(-2,718)
15,339
(+221)
14,327
(-185)
179,344
(-2,262, -1.54%) 		+15,907 (-3,789, -19.2%) 79.25%
10/18/2022
82,890
(+3,811)
63,194
(+1,018)
49,335
(-1,686)
69,637
(+2,717)
15,118
(+1,265)
14,512
(-345)
178,730
(+3,390, +2.35%) 		+19,696 (+2,793, +16.5%) 84.35%
10/11/2022
79,079
(+262)
62,176
(+1,382)
51,021
(+551)
66,920
(-1,801)
13,853
(-684)
14,857
(+548)
167,449
(+129, +0.09%) 		+16,903 (-1,120, -6.2%) 80.59%
10/04/2022
78,817
(-8,371)
60,794
(+2,490)
50,470
(-256)
68,721
(-9,761)
14,537
(-71)
14,309
(-1,427)
166,161
(-8,698, -5.7%) 		+18,023 (-10,861, -37.6%) 82.1%
09/27/2022
87,188
(+4,495)
58,304
(-1,174)
50,726
(+3,953)
78,482
(+11,423)
14,608
(+1,429)
15,736
(-372)
173,661
(+9,877, +6.92%) 		+28,884 (+5,669, +24.4%) 96.7%
09/20/2022
82,693
(+4,011)
59,478
(+1,308)
46,773
(+2,199)
67,059
(+3,499)
13,179
(-559)
16,108
(+844)
163,058
(+5,651, +4.12%) 		+23,215 (+2,703, +13.2%) 89.08%
09/13/2022
78,682
(-3,356)
58,170
(+2,952)
44,574
(-2,007)
63,560
(-7,011)
13,738
(+1,217)
15,264
(-87)
157,900
(-4,146, -2.94%) 		+20,512 (-6,308, -23.5%) 85.44%
09/06/2022
82,038
(+15)
55,218
(-1,820)
46,581
(+476)
70,571
(+1,211)
12,521
(-735)
15,351
(+365)
160,251
(-244, -0.17%) 		+26,820 (+1,835, +7.3%) 93.92%
08/30/2022
82,023
(+765)
57,038
(-2,989)
46,105
(-4,105)
69,360
(+160)
13,256
(+84)
14,986
(-427)
158,390
(-3,256, -2.25%) 		+24,985 (+3,754, +17.7%) 91.46%
Price data: Database (20,031 records) Futures Continuous
COT data: CFTC • Updated weekly on Fridays