FX.co ★ Speculative Copper Bets Ease as CFTC Net Long Positions Slip to 71.6K

Speculative interest in U.S. copper futures cooled slightly, with CFTC copper speculative net positions edging down to 71.6K, from a previous reading of 75.3K. The latest figures, updated on 26 June 2026, point to a modest reduction in bullish positioning among traders.

While net positions remain firmly in positive territory, the pullback suggests some investors may be scaling back expectations for further gains in the copper market, potentially reflecting reassessments of global demand, industrial activity, or broader risk sentiment. The shift will be closely watched by market participants, as changes in speculative positioning can offer early signals about evolving views on the metals sector and the broader economic outlook.