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Statements of Financial Condition (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Assets    
United States Treasury Obligations, at fair value (cost $91,962,871 and $135,975,320, respectively) [1] $ 91,977,743 $ 135,984,580
Cash held by custodian 5,278,880 4,850,927
Net unrealized appreciation (depreciation) on Commodity Futures Contracts 5,498,831 (13,891,219)
Total assets 102,755,454 126,944,288
Liabilities    
Payable for LME contracts 927,469 12,873,124
Management fee payable 64,747 82,845
Brokerage fee payable 4,992 5,007
Total liabilities $ 997,208 $ 12,960,976
Commitments and Contingencies (Note 9)
Equity    
Shareholder's equity - General Shares $ 496 $ 475
Shareholders' equity - Shares 101,757,750 113,982,837
Total shareholders' equity 101,758,246 113,983,312
Total liabilities and equity $ 102,755,454 $ 126,944,288
General Shares outstanding 40 40
Shares outstanding 8,200,000 9,600,000
Net asset value per Share $ 12.41 $ 11.87
Market value per Share $ 12.41 $ 11.91
[1] $63,484,032 and $33,225,157, respectively is restricted for maintenance margin purposes