In the latest report released on December 9, 2025, the Commodity Futures Trading Commission (CFTC) revealed that speculative net positions for aluminium in the United States have deepened into negative territory. The new figures indicate a significant shift in market sentiment with net positions declining from -1.0K to -1.8K.
This development underscores a growing bearish outlook among traders, who have become increasingly pessimistic about the aluminium market's prospects. The change in net positions suggests a stronger belief that aluminium prices may fall, leading to increased short positions.
The movement to a more negative figure may reflect broader concerns in the global commodities markets, potentially influenced by economic uncertainties, fluctuating demand, or global policy changes impacting trading strategies. As traders adjust their positions, this trend will be closely monitored for further signals about the future direction of the aluminium market.