FX.co ★ Speculators Deepen Net Short in U.S. Aluminium Futures, CFTC Data Shows

Net speculative positioning in U.S. aluminium futures has turned more bearish, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on 06 November 2026.

Aluminium speculative net positions declined from -1.0K contracts previously to -1.4K contracts, indicating that traders have increased their net short exposure to the metal. The deeper negative reading suggests growing skepticism among speculative participants about the near-term price outlook for aluminium or a greater appetite for downside hedging.

While the data do not reveal the underlying drivers, the shift in positioning will be closely watched by market participants as an indicator of changing sentiment in the U.S. aluminium futures market.