Gold Ten Futures, June 4, London Metal Exchange (LME) futures and options data show that speculators have reduced LME copper net longs by 3,003 contracts to 86,304 contracts in the week ended May 31, the lowest level in more than three weeks.

Golden Ten Futures, June 4, London Metal Exchange (LME) futures and options data show that speculators have reduced the net long position of LME copper by 3003 contracts to 86,304 contracts in the week ended May 31, the lowest level in more than three weeks. Long-only positions fell by 9905 contracts to 459,001 contracts, the lowest level in more than three weeks; short-only positions fell by 6901 contracts to 372,697 contracts, the lowest level in more than three weeks.