TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 2, 5:00 PM EST
Kalshi
This event tracks the copper futures price at a specific moment on July 2, 2026. Copper is an industrial metal essential for construction, electrical wiring, and manufacturing, with prices reflecting global economic health and industrial demand. The settlement uses the CCN6 contract's closing price at 5:00 PM EDT.
Settlement is determined by comparing the 1-minute candlestick close price for copper using the CCN6 contract on July 02, 2026 at 5:00 PM EDT against multiple price thresholds ranging from $5.60 to $6.38 USD per pound, each in $0.02 increments. The settlement is based on the nearest listed contract month, rolling forward to the next contract 10 business days before the current contract's last trading day. The close price represents the final price at the end of the immediately preceding one-minute interval. All settlement values are rounded to the nearest 2 decimal places. If no data is published by the specified source agency for the exact time, the most recently available published data will be used for resolution.
Prediction market odds often diverge meaningfully from traditional analyst forecasts because they reflect real-money incentives and crowd wisdom rather than single-institution models. On this market, traders are pricing in their collective expectations about copper supply, demand, macroeconomic conditions, and geopolitical factors. Analyst forecasts tend to rely on econometric models and historical trends, while prediction markets aggregate dispersed information from thousands of participants with skin in the game. Comparing the two can reveal where consensus is strongest and where uncertainty or disagreement is highest.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different copper price outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome has a bid-ask spread, and the midpoint reflects the current market consensus. Traders profit by correctly predicting whether copper will trade above or below specified price thresholds on the settlement date. The continuous pricing model ensures that odds adjust in real time as new information arrives and trading activity shifts, allowing participants to enter or exit positions at transparent, market-determined rates.
This market resolves around Jul 2, 2026, at which point the outcome is confirmed against credible public sources reporting the copper price at that specific moment. The resolution process verifies the actual price level and matches it against the predefined outcome categories established when the market launched. Once the event is verifiable from reliable market data and reporting, the platform settles all positions accordingly. Traders who correctly predicted the price range receive their winnings, while incorrect positions are closed out.
Major catalysts for this market include shifts in global copper demand from construction and electronics sectors, supply disruptions from mining regions, central bank monetary policy announcements, and macroeconomic data releases. Geopolitical tensions affecting top copper producers, currency fluctuations, and inflation expectations can all influence trader positioning. Seasonal demand patterns and inventory reports from exchanges also drive price expectations. Additionally, technological shifts in renewable energy adoption and electric vehicle production will shape long-term copper outlook and near-term trading sentiment as the resolution date approaches.