Base Metals — COT Positioning
CFTC Commitments of Traders, base metals markets, week of 2026-07-21.
| Market | Open interest | Large spec net | Δ w/w | COT index 3y |
|---|---|---|---|---|
| Copper | 270,048 | 73,977 | +9,592 | 95.6 |
| Steel-HRC | 41,544 | 9,053 | +664 | 74.6 |
| Aluminum MWP | 29,789 | -622 | +120 | 27.7 |
| Aluminium Euro Prem Duty-Paid | 13,333 | -515 | +90 | 83.6 |
Also reported in this group
Markets below CFTC-page thresholds we track in the group data but don't publish a page for.
| Market | Open interest | Large spec net | Δ w/w | COT index 3y |
|---|---|---|---|---|
| Lithium Hydroxide | 16,200 | — | — | — |
| Cobalt | 14,959 | — | — | — |
| North Euro Hot-Roll Coil Steel | 10,965 | — | — | — |