Speculators increased their bearish bets on aluminium in the United States, according to the latest Commitments of Traders data from the CFTC, updated on 13 February 2026. Aluminium speculative net positions fell further into negative territory, sliding from -2.9K contracts previously to -3.2K.
The shift suggests that market participants have become slightly more pessimistic about aluminium’s short‑term price outlook, with net short positions expanding rather than stabilising. While the move is incremental, it reinforces the prevailing cautious sentiment among traders toward the metal, as positioning leans more firmly on the downside.
