CFTC Reports Decline in COMEX Copper Speculative Net Long Positions

The U.S. Commodity Futures Trading Commission (CFTC) has reported a decrease in speculative net long positions for COMEX copper. According to Jin10, for the week ending March 17, speculators reduced their net long positions by 1,070 contracts, bringing the total to 46,662 contracts. This shift in positions reflects changing market sentiment towards copper futures during the specified period.