Copper
Positioning history from the CFTC Commitments of Traders report, Legacy futures-only. Up to the last 52 weekly reports, most recent first. Tilt is net position as a share of open interest; Pct is that reading’s percentile against the market’s own history.
+80.0%-80.0%
Large specsCommercialsSmall specs
| Report | Large specs | Commercials | Small specs | |||
|---|---|---|---|---|---|---|
| Tilt | Pct | Tilt | Pct | Tilt | Pct | |
| 25 Aug 2026 | +54.1% | 99 99th percentile — highest on record | -35.0% | 4 4th percentile — extreme short | +33.5% | 91 91st percentile — elevated long |
| 18 Aug 2026 | +55.8% | 100 | -33.4% | 5 | +34.8% | 94 |
| 11 Aug 2026 | +54.1% | 100 | -33.0% | 6 | +34.2% | 93 |
| 04 Aug 2026 | +50.9% | 99 | -33.7% | 5 | +29.3% | 85 |
| 28 Jul 2026 | +48.5% | 98 | -30.3% | 9 | +31.2% | 88 |
| 21 Jul 2026 | +52.1% | 99 | -32.8% | 6 | +26.6% | 81 |
| 14 Jul 2026 | +48.0% | 98 | -29.6% | 10 | +31.8% | 90 |
| 07 Jul 2026 | +50.0% | 99 | -29.3% | 10 | +31.4% | 89 |
| 30 Jun 2026 | +49.8% | 99 | -28.5% | 12 | +26.3% | 81 |
| 23 Jun 2026 | +52.4% | 99 | -30.3% | 9 | +28.4% | 84 |
| 16 Jun 2026 | +54.5% | 100 | -31.5% | 7 | +29.2% | 85 |
| 09 Jun 2026 | +52.6% | 99 | -32.7% | 6 | +30.9% | 88 |
| 02 Jun 2026 | +54.7% | 100 | -34.3% | 4 | +30.8% | 88 |
| 26 May 2026 | +52.8% | 100 | -32.2% | 6 | +35.0% | 94 |
| 19 May 2026 | +54.6% | 100 | -33.9% | 4 | +35.2% | 94 |
| 12 May 2026 | +54.0% | 100 | -34.0% | 4 | +35.2% | 94 |
| 05 May 2026 | +48.5% | 99 | -30.3% | 8 | +34.5% | 94 |
| 28 Apr 2026 | +52.0% | 100 | -29.5% | 9 | +35.0% | 94 |
| 21 Apr 2026 | +48.9% | 100 | -28.3% | 11 | +33.0% | 92 |
| 14 Apr 2026 | +46.9% | 99 | -26.5% | 14 | +30.5% | 89 |
| 07 Apr 2026 | +38.3% | 98 | -23.5% | 19 | +38.2% | 97 |
| 31 Mar 2026 | +39.3% | 98 | -22.8% | 21 | +31.1% | 89 |
| 24 Mar 2026 | +37.8% | 97 | -20.3% | 26 | +29.5% | 87 |
| 17 Mar 2026 | +44.1% | 99 | -25.4% | 16 | +36.9% | 96 |
| 10 Mar 2026 | +45.7% | 99 | -26.3% | 14 | +37.3% | 96 |
| 03 Mar 2026 | +47.9% | 100 | -29.0% | 10 | +41.7% | 98 |
| 24 Feb 2026 | +49.6% | 100 | -28.6% | 11 | +37.9% | 97 |
| 17 Feb 2026 | +49.4% | 100 | -28.7% | 10 | +42.7% | 98 |
| 10 Feb 2026 | +32.1% | 92 | -26.3% | 14 | +46.2% | 99 |
| 03 Feb 2026 | +32.5% | 93 | -26.4% | 14 | +46.2% | 99 |
| 27 Jan 2026 | +31.3% | 92 | -26.9% | 13 | +47.0% | 100 |
| 20 Jan 2026 | +34.9% | 95 | -28.7% | 10 | +50.1% | 100 |
| 13 Jan 2026 | +37.8% | 98 | -29.5% | 9 | +46.3% | 100 |
| 06 Jan 2026 | +39.7% | 99 | -30.6% | 8 | +43.1% | 99 |
| 30 Dec 2025 | +41.1% | 99 | -31.6% | 6 | +40.9% | 99 |
| 23 Dec 2025 | +45.0% | 100 | -33.5% | 5 | +42.9% | 99 |
| 16 Dec 2025 | +42.7% | 100 | -36.3% | 3 | +43.9% | 100 |
| 09 Dec 2025 | +41.3% | 100 | -36.5% | 3 | +44.7% | 100 |
| 02 Dec 2025 | +37.0% | 99 | -32.7% | 5 | +44.2% | 100 |
| 25 Nov 2025 | +31.0% | 93 | -27.3% | 11 | +34.5% | 97 |
| 18 Nov 2025 | +35.3% | 97 | -29.2% | 8 | +36.9% | 99 |
| 10 Nov 2025 | +37.0% | 99 | -31.1% | 6 | +41.3% | 100 |
| 04 Nov 2025 | +37.7% | 99 | -30.0% | 7 | +38.5% | 99 |
| 28 Oct 2025 | +33.5% | 95 | -25.9% | 13 | +38.1% | 99 |
| 21 Oct 2025 | +29.8% | 93 | -23.8% | 16 | +37.1% | 99 |
| 14 Oct 2025 | +29.5% | 93 | -26.1% | 12 | +33.7% | 96 |
| 07 Oct 2025 | +26.8% | 90 | -25.2% | 13 | +35.5% | 99 |
| 30 Sept 2025 | +25.8% | 88 | -23.0% | 17 | +31.8% | 94 |
| 23 Sept 2025 | +26.2% | 88 | -21.0% | 21 | +29.7% | 92 |
| 16 Sept 2025 | +28.0% | 92 | -21.5% | 20 | +29.7% | 92 |
| 09 Sept 2025 | +26.9% | 90 | -21.7% | 19 | +34.3% | 97 |
| 02 Sept 2025 | +26.6% | 90 | -21.2% | 21 | +30.5% | 93 |