Copper Futures Contract Specifications
HG · COMEX · one contract = 25,000 lbs
Copper futures (HG) trade on COMEX in 0.0005-increment ticks worth $12.50 per contract; a full 1.0-point move is $25,000.00. One contract covers 25,000 lbs.
Specification table
| Name | Copper |
| Exchange | COMEX |
| Ticker symbol | HG |
| Contract unit | 25,000 lbs |
| Tick size | 0.0005 |
| Tick value | $12.50 |
| Point value | $25,000.00 |
| CFTC contract code | 085692 |
| COT report families | legacy, disagg |
Worked tick math
A 10-tick move on 1 Copper contract (HG) is $125.00 — tick size 0.0005 × tick value $12.50. A 1-point move is 2,000 ticks = $25,000.00. Ten contracts moving 5 ticks = $625.00.
Run your own numbers: Copper futures calculator.
Positioning: large speculators are net long 73,977 contracts as of the 2026-07-21 COT report — full Copper COT data.
FAQ
- What is the tick size and value of Copper futures?
- Copper (HG, COMEX) moves in 0.0005 increments worth $12.50 per contract.
- What does one HG contract cover?
- One contract covers 25,000 lbs.
- How much is a full point on HG?
- $25,000.00 — tick value ÷ tick size.
Related
Specs verified against exchange sources 2026-07-25; the exchange's own contract page is always authoritative. Not investment advice.