Headline: Copper Futures Surge, Volume Down - COMX: $3.00 per lb, Vol 107,633 on Tuesday, Feb 04, 2026

[Para 1: The Lead] Copper futures prices surged today, reaching $3.00 per lb as of 10:00 AM on February 04, 2026, marking a significant upward movement in the market. Volume traded was 42,220 contracts, significantly lower than Tuesday's volume of 107,633 contracts, indicating reduced trading activity. [Para 2-3: Supporting details & Context] The open interest, a measure of ongoing contracts, stands at 275,063, with an increase of 3,782 contracts from the previous day. This indicates sustained interest and confidence in the copper market. The reduced volume suggests that the market may be consolidating or that traders are pausing to reassess the current price level.