FX.co ★ Speculators Turn Net Long in U.S. Aluminium Futures, CFTC Data Shows

Speculative positioning in U.S. aluminium futures has flipped into positive territory, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on 8 May 2026. Net speculative positions rose from a marginally negative reading of -0.0K contracts to 0.4K, indicating that traders as a group are now net long the metal.

While the absolute shift is modest, the move from slightly negative to positive territory may signal a tentative change in sentiment toward aluminium among speculative market participants. The transition into net long positioning suggests that some traders are beginning to position for potential price strength or improved fundamentals in the aluminium market.

Market observers will be watching upcoming CFTC reports closely to see whether this emerging bullish tilt gains momentum or proves to be a short-lived adjustment in positioning.