Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Latest Commitment of Traders positions (Commodities) as at May 3rd, 2016

CFTC commitment of traders report was released on Friday (6th May) and cover positions up to Tuesday (3rd May). COT report is not a complete presenter of entire market positions, however it represents a good chunk of institutional traders, to have a feel of what expected by the big players.

Kindly note in some cases numbers are rounded to nearest decimal.

  • Gold – Net position long and increasing

Gold net long position saw another increase by speculators and quite a large enough. Net long position increased by 50,791 contracts to +271.65K contracts.

  • Copper – Net position short and decreasing

Copper net short position dropped this week but at much slower pace. Net short position decreased by 616 contracts to -7.46K contracts.

  • Silver – Net position long and decreasing

Silver net long position saw a sizable reduction this week, where longs were reduced by 2,898 contracts to +75.87K contracts.

  • WTI Crude – Net position long and increasing

A sharp reduction in long position this week. Net longs got reduced by 15,721 contracts to +318.54 K contracts. 

  • Natural gas – Net position short and decreasing

Speculators increased net short position sharply. Net short position were increased by 25,038 contracts to -141.5K contracts.

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.