Large Speculators

Large speculators are investors or traders who buy and sell significant amounts of a financial asset, such as commodities or futures contracts, aiming to profit from price movements. They are distinct from commercial entities that use these assets for business purposes. Large speculators can influence market prices due to the size of their positions, though they do not have a direct interest in the physical commodities. Their activity is often tracked to gauge market sentiment and potential future price trends, as their positions can signal expectations about supply, demand, or economic conditions.