FX.co ★ Speculative Bets on Copper Ease Slightly as CFTC Net Longs Dip to 57.7K

Speculative interest in copper futures cooled marginally in the latest reporting period, according to data on CFTC Copper speculative net positions from the United States. Net long positions slipped to 57.7K from a previous 58.4K, signaling a modest reduction in bullish bets on the metal.

The updated figures, released on 06 March 2026, indicate that while sentiment toward copper remains broadly positive, some traders have pared back exposure. The slight pullback could reflect cautious positioning amid shifting expectations for industrial demand, interest rates, or broader macroeconomic conditions, even as overall net positions remain firmly in positive territory.