FX.co ★ Speculators Deepen Bearish Bets on Aluminium, CFTC Data Shows

Speculative positioning in U.S. aluminium futures turned slightly more negative in the latest reporting period, according to data released on 3 April 2026 by the Commodity Futures Trading Commission (CFTC). Net speculative positions slipped to -0.9K contracts, down from -0.7K previously.

The move indicates that traders have modestly increased their net short exposure to aluminium, signalling a marginally more bearish stance compared with the prior reading. While the change is small in absolute terms, it underscores continued caution among speculators toward the metal in U.S. markets.