TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 6, 5:00 PM EST
Kalshi
This event tracks the copper futures price at a specific moment on July 06, 2026 at 5:00 PM EDT using the CCN6 contract. Copper is an industrial metal whose price reflects global economic activity, construction demand, and manufacturing output. The settlement uses the closing price of the 1-minute candlestick at that exact time.
Settlement is determined by comparing the 1-minute candlestick close price for copper using the CCN6 contract on July 06, 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. 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 settlement contract is named after its delivery month per standard exchange symbology. The close price represents the 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 specified time, the most recently available published data will be used to resolve the market.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives and crowd wisdom rather than institutional models alone. Traders in this market are directly rewarded for accuracy, which can surface information faster than consensus surveys. Comparing the implied probability here to published commodity analyst estimates reveals whether the market is pricing in more bullish or bearish sentiment on copper's near-term trajectory than the broader research community.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing yes or no outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share reflects the crowd's collective belief about the probability of copper hitting a specific level by the resolution date. As new information emerges or trading volume shifts, the price adjusts in real time, allowing participants to enter or exit positions at market rates.
This market resolves around Jul 6, 2026, at which point the outcome is confirmed against credible public sources reporting the copper price at that specific time. Once the event is verifiable, the market settles and traders' positions are finalized based on whether the actual price matched the predicted range. The resolution hinges on transparent, independently reportable data rather than subjective judgment.
Major catalysts for this market include macroeconomic data releases, central bank policy announcements, and supply-chain disruptions affecting industrial metals. Geopolitical tensions, mining production reports, and shifts in global demand from construction and electronics sectors can all influence copper pricing. Currency movements, particularly US dollar strength, also play a significant role. Traders monitor these signals closely to adjust positions ahead of the resolution date.