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: Sep 21, 5:00 PM EST
Kalshi
This event tracks the precise closing price of copper at a specific moment, reflecting immediate market conditions influenced by supply, demand, and global economic factors. The outcome depends solely on whether the price exceeds a set threshold at the exact closing time.
The event resolves based on the closing price of the 1-minute candlestick for copper at 5:00 PM EDT on September 21, 2026. If the price exceeds any of the specified thresholds—from $6.60 up to $7.38—the corresponding market resolves to 'Yes'; otherwise, it resolves to 'No'. Prices are rounded to the nearest two decimal places, with the closing price defined as the price at the end of the immediately preceding one-minute interval. If data for the exact timestamp is unavailable, the most recently published data is used. All markets share these uniform settlement rules, differing only in their threshold values.
Currently, prediction market odds reflect a collective forecast for the copper price on the resolution date. These odds often differ from traditional analyst forecasts, as they represent a wisdom-of-the-crowd approach, incorporating a wider range of information and perspectives. Discrepancies can arise due to differing methodologies, biases, or access to unique data. It's worth noting that this market’s participants are incentivized to accurately predict the outcome, potentially leading to a more refined forecast than those produced by individual analysts or polls.
On Kalshi, this market is priced using a continuous double auction mechanism. Traders buy and sell contracts representing their beliefs about whether the copper price will be above or below a specific level. The prices of these contracts directly reflect the implied probabilities of different outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Price fluctuations are driven by supply and demand, with increased buying pressure pushing prices higher and increased selling pressure pushing them lower. This dynamic pricing ensures that the market reflects the most up-to-date collective intelligence of participants.
This market resolves around Sep 21, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the settlement will be based on the copper price as reported by a leading commodities exchange at 5:00 PM EDT on September 21, 2026. The exact price used for resolution will be determined by the platform’s standard procedures for verifying data from trusted sources. Traders will then be paid out based on whether their predictions aligned with the final, verified price.
Numerous factors could influence the copper price market between now and September 21, 2026. Major economic indicators, such as global GDP growth and inflation rates, will play a significant role. Geopolitical events, including trade disputes or supply disruptions in major copper-producing countries, could also cause substantial price swings. Furthermore, changes in industrial demand, particularly from China and other rapidly developing economies, and technological advancements impacting copper usage, are key signals to watch. Unexpected weather events impacting mining operations could also move this market.