Research
Copper: speculative net positioning in 98th percentile of 3-year range
Non-commercial traders were net long 85,411 Copper futures contracts as of 2026-09-29, the 98th percentile across 156 weekly reports.
Each statement cites its observations
Facts
- 01
Report date 2026-09-29. Non-commercial long 123,305, short 37,894, net +85,411 contracts.
Observations: 135167, 135168, 135163, 135165, 135164
- 02
Open interest 301,201 contracts; non-commercial net equals 28.4% of open interest.
Observations: 135167, 135168, 135163, 135165, 135164
- 03
Percentile rank 98.4 over 156 weeks.
Observations: 135167, 135168, 135163, 135165, 135164
Underlying observations
Provenance
| ID | Metric | Period | Value | Status | Class | Observed | Source |
|---|---|---|---|---|---|---|---|
| 135167 | Commercial long Copper | 2026-09-29 | 93,132 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135168 | Commercial short Copper | 2026-09-29 | 187,973 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135164 | Non-commercial long Copper | 2026-09-29 | 123,305 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135165 | Non-commercial short Copper | 2026-09-29 | 37,894 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135163 | Open interest Copper | 2026-09-29 | 301,201 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
Source: U.S. Commodity Futures Trading Commission, Commitments of Traders (Legacy, futures only). Calculations: EveryIntel. Generated by intelligence-rules/1.0.0; confidence 97%. Findings describe published data; they are not forecasts, investment advice or recommendations. See the methodology.