Historical Year Data · 2016
Copper Futures Open Interest in 2016
Copper Futures Open Interest opened 2016 at 171,819 and closed at 227,733, a +32.54% move for the year. The high of 239,071 was reached on June 14, and the low of 160,010 on March 1.
Open
171,819
2016-01
Close
227,733
52 data points
High
239,071
Jun 14
Low
160,010
Mar 1
Full Year Change
+32.54%
2015 Change
-1.38%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 171,819 | 202,900 | 202,900 | 171,819 | +18.09% |
| Feb | 201,682 | 173,541 | 201,682 | 173,541 | -13.95% |
| Mar | 160,010 | 186,775 | 186,775 | 160,010 | +16.73% |
| Apr | 192,906 | 172,378 | 201,891 | 172,378 | -10.64% |
| May | 176,458 | 217,128 | 217,128 | 176,458 | +23.05% |
| Jun | 227,927 | 167,927 | 239,071 | 167,927 | -26.32% |
| Jul | 164,665 | 187,184 | 187,184 | 164,665 | +13.68% |
| Aug | 188,805 | 187,028 | 192,196 | 180,360 | -0.94% |
| Sep | 203,453 | 179,904 | 203,945 | 179,904 | -11.57% |
| Oct | 181,809 | 213,569 | 213,569 | 181,809 | +17.47% |
| Nov | 203,042 | 230,420 | 238,615 | 203,042 | +13.48% |
| Dec | 236,290 | 227,733 | 236,822 | 227,733 | -3.62% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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