TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 15, 5:00 PM EST
Kalshi
This event tracks the copper futures price at a specific moment on June 15, 2026. Copper is an industrial metal essential for construction, electrical wiring, and manufacturing. Its price reflects global economic activity, construction demand, and supply dynamics. The settlement uses the CCN6 contract, which represents the nearest active delivery month.
Settlement is determined by comparing the 1-minute candlestick close price for copper using the CCN6 contract on June 15, 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. Each threshold represents a separate binary outcome: if the closing price exceeds the specified threshold, that market resolves to Yes; otherwise, No. 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 settlement value is rounded to the nearest 2 decimal places. The close price for any 1-minute candlestick represents the price at the end of the immediately preceding one-minute interval. 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 reflect real-money trader conviction and often incorporate forward-looking signals that traditional analyst surveys may lag. On this market, traders are pricing in their expectations about copper's June close relative to the 5.66 USD per pound threshold. Comparing these odds to published commodity forecasts from major banks, mining analysts, or macroeconomic research firms can reveal where the crowd diverges from consensus. Prediction markets tend to update faster as new data arrives, making them a useful cross-check against slower-moving institutional views on energy and metals prices.
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. Each share pays out $1 if the outcome occurs and $0 otherwise, so the current price directly reflects the implied probability. Traders can enter limit or market orders to express their view on copper's price movement, and the bid-ask spread tightens as volume and interest grow. Real-money stakes ensure that prices incorporate genuine forecasting effort rather than casual speculation.
This market resolves around Jun 15, 2026, once the copper closing price for that date and time is verifiable from credible public sources. The outcome hinges on whether the settlement price is above or below the 5.66 USD per pound threshold. Traders holding yes shares win if copper closes above that level; no shares win if it closes at or below. Resolution typically occurs within hours of the market close, once official pricing data is confirmed and published.
Copper prices are sensitive to global economic growth expectations, US dollar strength, mining supply disruptions, and central bank policy shifts. Major catalysts include manufacturing data, inflation reports, and geopolitical developments affecting major copper-producing regions like Chile and Peru. Energy costs and inventory levels at major exchanges also influence near-term price action. Traders in this market will react to any news suggesting stronger or weaker industrial demand, tighter or looser supply conditions, or changes in real interest rates that affect commodity valuations.