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Speculative interest in copper continued to strengthen in the United States, with CFTC copper speculative net positions rising to 92.5K, up from 80.9K previously. The latest data, updated on 11 September 2026, signal a further build-up in bullish bets on the red metal.
The increase of 11.6K contracts in net long positions suggests traders are positioning for either tighter supply, stronger demand, or both. While the CFTC figures do not reveal the underlying drivers, the shift indicates growing confidence among speculators that copper prices may continue to find support in the near term.
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