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Speculative positioning in U.S. aluminium futures eased slightly in the latest reporting week, according to data updated on 29 May 2026. The CFTC aluminium speculative net positions indicator slipped from 0.5K contracts previously to 0.3K, signaling a modest reduction in net bullish exposure.
While the net position remains in positive territory, the downtick suggests some traders may be trimming long positions or adding to shorts, reflecting a more cautious stance. The move comes as market participants continue to reassess demand prospects and price dynamics in the industrial metals complex, with aluminium closely watched as a key barometer of broader manufacturing and construction activity.
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