Copper — positioning

Latest reading (week of 21 July 2026): crowded long

Managed Money are net long 71,515 contracts, 96th percentile of the last 3 years (crowded long).

Copper speculative positioning chart

This page updates automatically every week when new Commitments of Traders data publishes.

The paid edition adds the equity crowding dashboard (short-side flow, put/call, margin leverage) and all fourteen instrument charts, delivered as a PDF the moment it publishes. Get the full letter.


Positioning data describes what large traders held as of the report date, published with a lag. It is a crowding and context gauge, not a trade recommendation. Nothing here is investment advice. Source: CFTC (public domain).

Scroll to Top