| 06 May 2024 11:56 | | Commodities Buzz: Copper Speculators Net Long Position Holds Around Three Year High | | | Base metals speculators marginally trimmed their net long positions in the Copper futures market last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds and retailers totaled a net long position of 58064 contracts in the data reported through April 30, 2024. This was a weekly fall of 330 net contracts. The net longs are still around nearly three year high. | | Powered by Capital Market - Live News |
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