TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 24, 5:00 PM EST
Kalshi
This event tracks the copper futures price at a specific moment on June 24, 2026. Copper is an industrial metal essential for construction, electrical wiring, and manufacturing. Its price reflects global economic health, construction activity, and industrial demand. The settlement uses the CCN6 contract, which represents the nearest listed delivery month.
Settlement resolves based on the 1-minute candlestick close price for copper using the CCN6 contract on June 24, 2026 at 5:00 PM EDT, with prices ranging from above $5.60 to above $6.38 USD per pound. The settlement contract rolls forward to the next delivery month 10 business days before the current contract's last trading day. 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 exact time, the most recently available published data will be used for resolution.
Prediction market odds often diverge from traditional analyst forecasts because they aggregate real-money incentives rather than survey opinions. Traders betting on copper prices face direct financial consequences, which can sharpen accuracy but also introduce volatility driven by sentiment or positioning. Comparing this market's implied probability to published commodity analyst reports and futures-market consensus can reveal where the crowd sees asymmetric risk—either overpricing or underpricing the likelihood of the outcome.
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 aggregate probability assigned by the market; higher prices indicate stronger collective confidence in that outcome. Liquidity and trading volume directly influence how quickly prices adjust to new information, and wide bid-ask spreads may emerge during low-activity periods.
This market resolves around Jun 24, 2026, once the copper closing price for that date and time can be verified from credible public sources. The outcome is binary: either the price settled above the specified threshold or it did not. Traders holding the correct side at resolution receive their payout, while the opposing side loses their stake. No further trading occurs after the market locks at the event time.
Copper prices respond to macroeconomic data, industrial demand forecasts, supply disruptions, and shifts in monetary policy. Major catalysts include manufacturing PMI reports, central bank rate decisions, geopolitical tensions affecting mining regions, and updates on global construction activity. Currency fluctuations, particularly USD strength, also influence copper valuations. Traders monitoring these signals often adjust positions ahead of scheduled economic releases, creating predictable volatility windows that can shift market odds significantly.