COMEX Copper Vault

Copper

427.1K st

~$2.7M

7-Day Change

+3.5%

Vault Flow (24h)

▲ +641 short tons

~$4K

FILLING

Paper-to-Physical Ratio

0:1

Days of Supply

347 days

Deliveries (30d)

3,213 contracts

80.33M st ~$513.0M

Total in Vaults

633.7K st

~$4.0M

Data Verified
Data as of 2026-05-20

Inventory Trend

Registered metal in vaults — last 3 months

372K386K400K413K427K Feb 23Mar 6Mar 19Apr 1Apr 15May 4May 20

Coming soon

Price-vs-inventory overlay, related Vance commentary, and warehouse-level breakdown.

Physical Flow vs Book Change

Metal moving in and out of the vault vs how the records changed

Metal Moving

↘ Received +2.0K st
↗ Withdrawn -1.3K st
Net Flow ▲ +641 short tons

Book Changes

Registered ▲ +800 short tons
Eligible ▼ -159 short tons
Net Change ▲ +641 short tons

Metal moving = what physically entered or left the vault. Book changes = warrants being reclassified between registered and eligible. The two numbers differ when records catch up to physical activity on different days.