Commodities Buzz: Copper net speculative longs fall to two-month low
02-Feb-2026
14:28
Base metals speculators continued to trim 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 48390 contracts in the data reported through January 27, 2026, dropping 4185 tonnes and testing two-month low.
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