Palladium COT Report
CFTC Commitments of Traders · report date 2026-07-21 (released Jul 24, 2026) · next report expected Jul 31, 2026 (regular cycle; see the release schedule for holiday shifts)
As of the Jul 21, 2026 COT report, large speculators are net short 5,003 Palladium futures contracts (down 114 week-over-week), commercials are net long 4,701, and open interest is 18,440 contracts.
Positioning — week of 2026-07-21
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | -5,003 | -114 | -27.1% | 0.0 | 0.0 | 58.9 |
| Commercials | 4,701 | +285 | 25.5% | 100.0 | 100.0 | 46.4 |
| Small traders | 302 | -171 | 1.6% | 0.0 | 0.0 | 28.9 |
Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.
Net positions since 1986
This week in numbers
- Large speculators reduced their net position for a 5th consecutive week.
- Commercials raised their net position for a 5th consecutive week.
- Large speculators net position is at a 52-week low (-5,003 contracts).
- Commercials net position is at a 52-week high (4,701 contracts).
- Small traders net position is at a 52-week low (302 contracts).
Every sentence above is computed from the stored series — no commentary, no forecasts.
Disaggregated breakdown — week of 2026-07-21
| Category | Net position | Weekly change |
|---|---|---|
| Producer/merchant | 775 | +178 |
| Swap dealers | 3,926 | +107 |
| Managed money | -6,617 | -390 |
| Other reportables | 1,614 | +276 |
| Small traders | 302 | -171 |
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-07-21 | 18,440 | -5,003 | -114 | 4,701 | +285 | 302 |
| 2026-07-14 | 18,578 | -4,889 | -231 | 4,416 | +255 | 473 |
| 2026-07-07 | 17,854 | -4,658 | -334 | 4,161 | +538 | 497 |
| 2026-06-30 | 17,847 | -4,324 | -1,068 | 3,623 | +955 | 701 |
| 2026-06-23 | 17,149 | -3,256 | -453 | 2,668 | +526 | 588 |
| 2026-06-16 | 17,011 | -2,803 | +161 | 2,142 | -94 | 661 |
| 2026-06-09 | 17,455 | -2,964 | -958 | 2,236 | +941 | 728 |
| 2026-06-02 | 16,284 | -2,006 | +884 | 1,295 | -764 | 711 |
| 2026-05-26 | 16,692 | -2,890 | -393 | 2,059 | +496 | 831 |
| 2026-05-19 | 17,259 | -2,497 | -582 | 1,563 | +877 | 934 |
| 2026-05-12 | 17,419 | -1,915 | -439 | 686 | -89 | 1,229 |
| 2026-05-05 | 15,985 | -1,476 | -12 | 775 | +257 | 701 |
| 2026-04-28 | 15,794 | -1,464 | -479 | 518 | +488 | 946 |
| 2026-04-21 | 14,921 | -985 | +68 | 30 | -140 | 955 |
| 2026-04-14 | 14,648 | -1,053 | +340 | 170 | -205 | 883 |
| 2026-04-07 | 15,187 | -1,393 | -343 | 375 | +384 | 1,018 |
| 2026-03-31 | 15,220 | -1,050 | +192 | -9 | +6 | 1,059 |
| 2026-03-24 | 15,069 | -1,242 | -1,057 | -15 | +1,368 | 1,257 |
| 2026-03-17 | 15,556 | -185 | -29 | -1,383 | +24 | 1,568 |
| 2026-03-10 | 15,679 | -156 | -317 | -1,407 | +224 | 1,563 |
| 2026-03-03 | 16,093 | 161 | -503 | -1,631 | +127 | 1,470 |
| 2026-02-24 | 16,423 | 664 | +172 | -1,758 | -124 | 1,094 |
| 2026-02-17 | 16,789 | 492 | -21 | -1,634 | +71 | 1,142 |
| 2026-02-10 | 16,538 | 513 | -620 | -1,705 | +602 | 1,192 |
| 2026-02-03 | 17,304 | 1,133 | +449 | -2,307 | +533 | 1,174 |
| 2026-01-27 | 19,123 | 684 | -204 | -2,840 | -78 | 2,156 |
Full history, no login: CSV (1986-01-15 → 2026-07-21) · JSON
Contract facts
FAQ
- Are large speculators long or short Palladium futures?
- As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net short 5,003 contracts in Palladium futures.
- How current is this Palladium COT data?
- The latest report is dated 2026-07-21 (positions as of that Tuesday's close), published by the CFTC on 2026-07-24. This page updates within minutes of each weekly release.
- Where can I download Palladium COT history?
- The full weekly series (1986-01-15 to 2026-07-21) is free at /data/cot/palladium.csv — no login, no cap.
Related markets
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 075651. Dataset coverage 1986-01-15 → 2026-07-21. Methodology.