CFTC BASE METALS: Funds Add To Bullish Bets On Copper - WSJ.com
NEW YORK (Dow Jones)--Money managers added to their bullish bets on Comex copper futures and options by 5% during the week ended Tuesday, according to data released Friday by the Commodity Futures Trading Commission. Managed money funds added 1,947 long positions, which benefit from higher copper prices, and 1,573 short positions. This kept their net position in positive territory for the third consecutive week. Money managers in January held a bullish copper bet for the first time since the week ended Sept. 20.