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

Published: Sep 18, 2017 10:33
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.

Will Winter Cuts in “2+26” Cities Hit China Copper Output in Q4 2017? SMM Reports

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.  

ICA: China’s Share in Global Copper Demand Keeps Expanding  

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