03.04.202619:30:00UTC+00Copper Bulls Edge Higher as CFTC Speculative Net Longs Rise to 40.1K

Speculative interest in copper continued to strengthen in the United States, with CFTC data showing net long positions climbing to 40.1K, up from 37.5K previously. The latest figures, updated on 03 April 2026, signal a modest but notable increase in bullish sentiment toward the red metal.

The uptick in net speculative longs suggests that traders are positioning for further upside in copper prices, potentially on expectations of firm demand or tighter supply conditions. While the move from 37.5K to 40.1K is incremental, it confirms an ongoing trend of positive positioning in the copper futures market, keeping investor focus firmly on the metal’s role as a barometer of global industrial activity.