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LME report shows jump in funds' net long copper holdings

Published 15/03/2016, 13:30
© Reuters. Traders and clerks react at the London Metal Exchange in the City of London
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LONDON (Reuters) - Net long position of funds trading copper on the London Metal Exchange surged to 35,170 lots last Friday from 27,191 lots the previous week, the LME's Commitments of Traders Report (COTR) showed on Tuesday..

© Reuters. Traders and clerks react at the London Metal Exchange in the City of London

Funds overall were long 139,250 lots and short 104,080 lots. One copper lot is 25 tonnes.

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