Week 15, 2026
Sugar leads selling as copper draws buying
Report date: Tue 14th Apr 26
Released: Fri 17th Apr 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators unwound sugar in size this week. Copper posted the largest buying move, but that was the smaller side of the tape.
Top Buyers This Week
Copper
The book is a crowded long versus the prior 52 weeks. New longs and short covering while net long, +14.17% of the book. This is a second week of buying. Spot continued the buying from the report date close to the release close, +0.5%.
Brent Crude
Short covering while net short, +4.49% of the book. This is a second week of short covering. Spot did not continue the buying from the report date close to the release close; it moved the other way, -4.7%.
Cotton
The book is a crowded long versus the prior 52 weeks. Short covering while net long, +4.17% of the book. Spot continued the buying from the report date close to the release close, +4.1%.
Gold
New longs and short covering while net long, +2.45% of the book.
Coffee
New longs while net long, +1.41% of the book.
| Commodity | Contracts | Long | Short | Net Long | 52w |
|---|---|---|---|---|---|
|
Copper
Spot +0.5% from the report date close (Tue 14 Apr) to the release close (Fri 17 Apr) |
9.33%
(117,495)
|
18.81%
|
-3.76%
|
14.17%
|
94th |
|
Brent Crude
Spot -4.7% from the report date close (Tue 14 Apr) to the release close (Fri 17 Apr) |
-0.91%
(155,158)
|
-2.76%
|
-9.45%
|
4.49%
|
65th |
|
Cotton
Spot +4.1% from the report date close (Tue 14 Apr) to the release close (Fri 17 Apr) |
-5.11%
(184,282)
|
-3.25%
|
-18.1%
|
4.17%
|
100th |
|
Gold
Spot -1.1% from the report date close (Tue 14 Apr) to the release close (Fri 17 Apr) |
2.08%
(257,492)
|
2.26%
|
-3.22%
|
2.45%
|
48th |
|
Coffee
Spot -4.4% from the report date close (Tue 14 Apr) to the release close (Fri 17 Apr) |
-4.3%
(80,715)
|
3.24%
|
1.8%
|
1.41%
|
15th |
|
Crude Oil WTI
Spot -8.1% from the report date close (Tue 14 Apr) to the release close (Fri 17 Apr) |
2.78%
(574,395)
|
2.32%
|
2.49%
|
0.78%
|
71st |
Top Sellers This Week
Sugar
The heaviest selling of the week: long liquidation and new shorts while net short, -14.05% of the book. This is a second week of selling. Spot continued the selling from the report date close to the release close, -4.1%.
Corn
The book is a crowded long versus the prior 52 weeks. Long liquidation and new shorts while net long, -6.67% of the book. This is a second week of long liquidation and new shorts. Spot did not continue the selling from the report date close to the release close; it moved the other way, +1.3%.
Soybeans
Long liquidation and new shorts while net long, -1.88% of the book. This is a second week of long liquidation and new shorts. Spot did not continue the selling from the report date close to the release close; it moved the other way, +0.8%.
| Commodity | Contracts | Long | Short | Net Short | 52w |
|---|---|---|---|---|---|
|
Sugar
Spot -4.1% from the report date close (Tue 14 Apr) to the release close (Fri 17 Apr) |
2.43%
(495,275)
|
-6.76%
|
19.38%
|
-14.05%
|
46th |
|
Corn
Spot +1.3% from the report date close (Tue 14 Apr) to the release close (Fri 17 Apr) |
0.96%
(669,205)
|
-0.2%
|
24.25%
|
-6.67%
|
90th |
|
Soybeans
Spot +0.8% from the report date close (Tue 14 Apr) to the release close (Fri 17 Apr) |
0.02%
(353,872)
|
-2.01%
|
1.37%
|
-1.88%
|
81st |
Other Notable Moves
WTI saw new longs while net long, +0.78% of the book. Spot did not continue the buying from the report date close to the release close; it moved the other way, -8.1%.
Quick Read
Sugar posted the week's largest net selling via long liquidation and new shorts while still net short.
Copper added new longs and short covering into a crowded long versus the prior 52 weeks.
Corn continued long liquidation and new shorts into a crowded long versus the prior 52 weeks.
Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.
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