FX.co ★ CFTC Report Shows a Slight Increase in Bearish Aluminium Speculative Positions

The Commodity Futures Trading Commission (CFTC) released its latest data on aluminium speculative net positions, revealing a slight increase in bearish sentiment among traders. As of January 23, 2026, the speculators' net positions stand at -3.4K, marginally down from the previous figure of -3.3K.

This subtle change reflects a continued pessimistic outlook on the aluminium market among speculators, who are maintaining their net short positions. These adjustments in positions can signal traders' expectations regarding future price movements and demand for aluminium.

Given these figures, market analysts will closely monitor any potential impacts on aluminium prices, keeping a cautious eye on further developments that could shift speculator sentiment. These movements come amidst broader concerns around global economic conditions and demand fluctuations in the metals market. The CFTC's data remains a crucial indicator for investors looking to navigate the complex commodities landscape.