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: Jun 18, 5:00 PM EST
Kalshi
This event tracks the price of copper futures contracts on a specific date and time, measuring whether the price closes above various threshold levels. Copper prices reflect global economic conditions, construction activity, manufacturing demand, and supply dynamics.
Settlement is determined by the closing price of the 1-minute candlestick for copper using the CCN6 contract on June 18, 2026 at 5:00 PM EDT, with prices evaluated against thresholds ranging from $6.60 to $7.38 USD per pound. 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 is defined as 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 continuous price discovery. While commodity analysts publish periodic reports based on supply-demand models and macroeconomic data, this market aggregates the views of traders who profit or lose based on accuracy. Analysts may focus on fundamental factors like mining output and industrial demand, whereas market participants incorporate sentiment, geopolitical risk, and short-term volatility. Neither source is inherently superior; comparing the two can reveal where consensus is strongest and where uncertainty remains highest.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The platform displays a bid-ask spread, and prices move in real time as new orders arrive and existing positions are filled. Each share represents a claim on the outcome, and the current price reflects the marginal trader's belief about the probability. Liquidity and trading volume influence how quickly prices adjust to new information, so markets with higher activity typically show tighter spreads and faster price discovery.
This market resolves around Jun 18, 2026, at which point the outcome is confirmed against credible public sources. The resolution hinges on verifying the actual copper price at the specified time and date. Once the event occurs and the data is publicly available and verifiable, the market settles and traders receive payouts based on their positions. The timing is fixed, so there is no ambiguity about when the resolution window closes. Traders should monitor commodity price feeds and official market data as the date approaches to track real-world developments.
Major catalysts for copper price movement include shifts in global economic growth, changes in mining supply, and industrial demand from construction and electronics sectors. Geopolitical events affecting major copper-producing regions, central bank policy decisions, and currency fluctuations can all influence the commodity's trajectory. Unexpected supply disruptions, technological shifts in renewable energy adoption, and shifts in Chinese manufacturing activity are particularly impactful. Traders should monitor macroeconomic data releases, mining reports, and commodity exchange announcements. Real-time price movements in spot and futures markets will likely drive trading activity in this prediction market as new information emerges.