COMEX Copper Warehouse Inventory · April 30, 2026
As of April 30, 2026, COMEX (CME Group) Copper registered (deliverable) inventory stands at 414.0K oz — a figure that has increased by 9.6% over the past 30 days. Current levels sit near the 30-day high of 414.8K oz.
What is COMEX Copper registered inventory?
COMEX Copper registered inventory is the quantity of physical metal in COMEX-approved warehouses that has been certified for delivery against futures contracts. Registered (as opposed to eligible) is the headline "deliverable" number watched by traders for squeeze and backwardation signals.
Related metals
- COMEX Gold warehouse inventory
- COMEX Silver warehouse inventory
- COMEX Platinum warehouse inventory
- COMEX Palladium warehouse inventory
Glossary
- Registered inventory
- COMEX-certified metal in approved vaults that is available for delivery.
- Eligible inventory
- Metal stored in COMEX vaults but not yet certified for delivery.
- On-warrant
- LME stocks covered by a warrant; available for delivery against open futures contracts.
- Cancelled warrants
- On-warrant metal earmarked to leave the warehouse — a leading indicator of physical drawdowns.
- Backwardation
- Cash (spot) price trading above the 3-month forward — signals tight physical supply.
Data sourced directly from official COMEX warehouse reports and updated daily. View all charts at thevaultreport.com/charts.