FX.co ★ CFTC Data Show Slight Dip in U.S. Aluminium Speculative Net Longs

Speculative positioning in U.S. aluminium futures eased slightly in the latest reporting period, according to data from the Commodity Futures Trading Commission (CFTC) updated on 24 April 2026.

Net speculative positions in aluminium slipped from 0.5K to 0.4K, indicating a marginal reduction in bullish bets. While the move is modest, it suggests some traders may be trimming exposure or locking in profits amid uncertainty over the near-term price outlook.

The small pullback in net longs still leaves positioning in positive territory, implying that speculative participants remain cautiously optimistic on aluminium, even as momentum shows signs of cooling. Investors will be watching upcoming macroeconomic data and industrial demand signals to gauge whether this softening trend in positioning continues.