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COMEX Long Net Long Positions End Six Weeks of Growth on Surge in LME Stocks

iconSep 18, 2017 10:33
Source:SMM
Speculators cut bullish bets on COMEX copper due to a jump in LME copper stocks and a strong US dollar.

SHANGHAI, Sept. 18 (SMM) – Speculators cut bullish bets on COMEX copper due to a jump in LME copper stocks and a strong US dollar.

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COMEX long net long positions fell 4,089 to 121,287 lots in the week ending Sept. 12 after growing for six weeks in a row, according to data from CFTC.  

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