COT Reports / Metals / HG

High Grade Copper (HG): COT Report, Price & Analysis HG

Track how "Smart Money" institutions are positioning themselves in High Grade Copper (HG). By analyzing the latest Commitments of Traders (COT) data from the COPPER- #1 - COMMODITY EXCHANGE INC., with real-time price charts and sector comparisons, we provide a deep dive into the current market dynamics. Understanding these underlying shifts allows you to better anticipate where the market might be heading next.

About High Grade Copper (HG)

About Copper

Copper is a vital base metal known for excellent conductivity. Often called 'Doctor Copper,' it's a leading indicator of economic health. Contracts include:

  • Standard Copper (HG): The 25,000-pound benchmark contract.
  • E-Mini Copper (QC): 1/2 the size (12,500 pounds).

Primary Usage

The backbone of modern infrastructure (wiring, plumbing) and a key component in the green energy transition (EVs, wind turbines, solar).

Market Dynamics & Key Drivers

  • Global Manufacturing: Demand is directly tied to construction and manufacturing activity (especially in China).
  • The Energy Transition: Electrification is creating a structural, long-term increase in global copper demand.
  • Mining Disruptions: Strikes or environmental regulations in Chile and Peru can quickly constrain supply.
Price
$5.99 / lb Pound (lb) is a unit of weight equal to 16 ounces or approximately 0.453 kilograms.
Apr 13, 2026
Market Sentiment
Increasing Bullish
Outlook
Net Position
Net Position: Difference between long and short contracts of Non-Commercials (large speculators/funds). A positive value means they are predominantly net-long (expecting rising prices).
78,833
▲ 7.9%
Market Situation
The market situation analyzes the current net positioning compared to the historical average of recent years (Z-Score). This helps to identify extreme market conditions.
Bullish

High Grade Copper (HG) Price Chart

COT Charts

Latest News for Copper

Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for May 2026
Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for May 2026

JERSEY CITY, N.J.--(BUSINESS WIRE)--Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended May 31, 2026. An...

Business Wire Business Wire, 6 days ago

Why Southern Copper (SCCO) is a Top Growth Stock for the Long-Term
Why Southern Copper (SCCO) is a Top Growth Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Zacks Investment Research Zacks Investment Research, 6 days ago

Viridian Metals Highlights Copper-Rich Zones up to 4.15% Cu at Kraken Ahead of 2026 Drill Program
Viridian Metals Highlights Copper-Rich Zones up to 4.15% Cu at Kraken Ahead of 2026 Drill Program

OTTAWA, Ontario, June 05, 2026 (GLOBE NEWSWIRE) -- Viridian Metals Inc. (CSE: VRDN) (“Viridian” or the “Company”) is advancing plans to target high-grade copper-rich zones ident...

GlobeNewsWire GlobeNewsWire, 7 days ago

Positioning History

commercial and non-commercial positions
Date Position Net Position
Difference between Non-Commercial Long and Short
Non-Comm. Long
Speculators & funds betting on rising prices
Non-Comm. Short
Speculators & funds betting on falling prices
Comm. Long
Hedgers/producers hedging against rising prices
Comm. Short
Hedgers/producers hedging against falling prices
Jun 02, 2026 Bullish 78,833 111,525 32,692 84,829 173,474
May 26, 2026 Bullish 73,040 105,673 32,633 88,083 171,795
May 19, 2026 Bullish 75,886 107,483 31,597 83,511 169,010
May 12, 2026 Bullish 76,309 108,768 32,459 84,538 171,681
May 05, 2026 Bullish 62,849 96,261 33,412 82,829 154,846
Apr 28, 2026 Bullish 63,281 92,519 29,238 86,236 158,265
Apr 21, 2026 Bullish 59,204 90,142 30,938 87,855 157,190
Apr 14, 2026 Bullish 55,109 86,302 31,193 88,954 153,095
Apr 07, 2026 Bullish 40,227 72,637 32,410 84,019 135,634
Mar 31, 2026 Bullish 40,104 71,107 31,003 84,546 134,355
Mar 24, 2026 Bullish 37,537 68,491 30,954 90,872 137,160
Mar 17, 2026 Bullish 48,044 78,514 30,470 87,339 146,773
Mar 10, 2026 Bullish 51,666 82,373 30,707 87,652 150,285