{"id":147915,"date":"2019-05-18T06:27:12","date_gmt":"2019-05-18T10:27:12","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=147915"},"modified":"2019-05-18T06:27:12","modified_gmt":"2019-05-18T10:27:12","slug":"copper-speculators-bets-fall-for-4th-week-now-most-bearish-since-january","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/05\/copper-speculators-bets-fall-for-4th-week-now-most-bearish-since-january\/","title":{"rendered":"Copper Speculators bets fall for 4th week, now most bearish since January"},"content":{"rendered":"<div id=\"inves-2329596407\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">May 18, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>May 18th &#8211; By CountingPips.com<\/strong> &#8211; <a href=\"http:\/\/bit.ly\/2qXdKPP\"><strong>Receive our weekly COT Reports by Email<\/strong><\/a><\/p>\n\t<style type=\"text\/css\" scoped=\"scoped\">\n\t\t#gallery-1 {\n\t\t\tclear: both;\n\t\t}\n\t\t#gallery-1 .gallery-item-wrapper {\n\t\t\tfloat: left;\n\t\t\tmargin: 0;\n\t\t\tpadding: 0;\n\t\t\twidth: 100%;\n\t\t}\n\t\t#ie6 #gallery-1 .gallery-item-wrapper,\n\t\t#ie7 #gallery-1 .gallery-item-wrapper {\n\t\t\twidth: 100%;\n\t\t}\n\t\t#gallery-1 .gallery-item {\n\t\t\tdisplay: block;\n\t\t\tfloat: none;\n\t\t\tmargin: 5px;\n\t\t\twidth: auto !important;\n\t\t}\n\t\t#ie6 #gallery-1 .gallery-item {\n\t\t\tdisplay: inline;\n\t\t}\n\t\t#gallery-1 .gallery-icon a {\n\t\t\tdisplay: block;\n\t\t\tline-height: 0;\n\t\t}\n\t\t#gallery-1 img {\n\t\t\twidth: 100% !important;\n\t\t\tmax-width: 100% !important;\n\t\t\theight: auto !important;\n\t\t}\n\t\t#gallery-1 .gallery-caption {\n\t\t\toverflow: hidden;\n\t\t}\n\t\t#ie6 #gallery-1 .gallery-caption {\n\t\t\tword-wrap: break-word;\n\t\t}\n\t<\/style>\n<div id='gallery-1' class='gallery galleryid-147915 gallery-columns-1 gallery-size-full clearfix'>\n<div class='gallery-item-wrapper'>\n<dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon'>\n\t\t\t\t<a href='https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_2-2.png'><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"700\" src=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_2-2.png\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_2-2.png 900w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_2-2-300x233.png 300w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_2-2-768x597.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a>\n\t\t\t<\/dt><\/dl>\n<\/div>\n<br style=\"clear: both\" \/><\/div>\n\n<p><b>Copper Non-Commercial Speculator Positions:<\/b><\/p>\n<p>Large precious metals speculators continued to raise their bearish net positions in the Copper futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.<\/p>\n<p>The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of -19,366 contracts in the data reported through Tuesday May 14th. This was a weekly change of -6,488 net contracts from the previous week which had a total of -12,878 net contracts.<\/p>\n<p>The week&#8217;s net position was the result of the gross bullish position (longs) declining by -243 contracts (to a weekly total of 73,379 contracts) while the gross bearish position (shorts) gained by 6,245 contracts for the week (to a total of 92,745 contracts).<\/p>\n<p>The Copper spec sentiment has now dropped for the fourth consecutive week and for the fifth time out of the past six weeks. The spec position currently resides at the most bearish level since January 22nd when positions settled at -21,913 contracts.<\/p><div id=\"inves-3921794677\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>Speculator positioning had stayed in positive territory from February 12th to April 23rd before the recent turn lower.<br \/>\n<b><\/b><\/p>\n<p><b>Copper Commercial Positions:<\/b><\/p>\n<p>The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 15,712 contracts on the week. This was a weekly advance of 7,109 contracts from the total net of 8,603 contracts reported the previous week.<\/p>\n\t<style type=\"text\/css\" scoped=\"scoped\">\n\t\t#gallery-2 {\n\t\t\tclear: both;\n\t\t}\n\t\t#gallery-2 .gallery-item-wrapper {\n\t\t\tfloat: left;\n\t\t\tmargin: 0;\n\t\t\tpadding: 0;\n\t\t\twidth: 100%;\n\t\t}\n\t\t#ie6 #gallery-2 .gallery-item-wrapper,\n\t\t#ie7 #gallery-2 .gallery-item-wrapper {\n\t\t\twidth: 100%;\n\t\t}\n\t\t#gallery-2 .gallery-item {\n\t\t\tdisplay: block;\n\t\t\tfloat: none;\n\t\t\tmargin: 5px;\n\t\t\twidth: auto !important;\n\t\t}\n\t\t#ie6 #gallery-2 .gallery-item {\n\t\t\tdisplay: inline;\n\t\t}\n\t\t#gallery-2 .gallery-icon a {\n\t\t\tdisplay: block;\n\t\t\tline-height: 0;\n\t\t}\n\t\t#gallery-2 img {\n\t\t\twidth: 100% !important;\n\t\t\tmax-width: 100% !important;\n\t\t\theight: auto !important;\n\t\t}\n\t\t#gallery-2 .gallery-caption {\n\t\t\toverflow: hidden;\n\t\t}\n\t\t#ie6 #gallery-2 .gallery-caption {\n\t\t\tword-wrap: break-word;\n\t\t}\n\t<\/style>\n<div id='gallery-2' class='gallery galleryid-147915 gallery-columns-1 gallery-size-full clearfix'>\n<div class='gallery-item-wrapper'>\n<dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon'>\n\t\t\t\t<a href='https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_1-2.png'><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"700\" src=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_1-2.png\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_1-2.png 900w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_1-2-300x233.png 300w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/05\/HG_1-2-768x597.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a>\n\t\t\t<\/dt><\/dl>\n<\/div>\n<br style=\"clear: both\" \/><\/div>\n\n<p><b>Copper Futures:<\/b><\/p>\n<p>Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Copper Futures (Front Month) closed at approximately $272.50 which was a fall of $-6.05 from the previous close of $278.55, according to unofficial market data.<\/p>\n<blockquote><p><strong>*COT Report:<\/strong> The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers &amp; traders for business purposes) were positioned in the futures markets.<\/p>\n<p>The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders\/speculators).<\/p>\n<p>Find CFTC criteria here: (http:\/\/www.cftc.gov\/MarketReports\/CommitmentsofTraders\/ExplanatoryNotes\/index.htm).<\/p><\/blockquote>\n<p>Article <strong>By CountingPips.com<\/strong> &#8211; <a href=\"http:\/\/bit.ly\/2qXdKPP\"><strong>Receive our weekly COT Reports by Email<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>May 18th &#8211; By CountingPips.com &#8211; Receive our weekly COT Reports by Email Copper Non-Commercial Speculator Positions: Large precious metals speculators continued to raise their bearish net positions in the Copper futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-147915","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/147915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=147915"}],"version-history":[{"count":4,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/147915\/revisions"}],"predecessor-version":[{"id":147973,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/147915\/revisions\/147973"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=147915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=147915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=147915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}