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6 March | Other

United States. CFTC Aluminium speculative net positions. The value of the indicator has increased from -2.9K to -2.3K

Aluminium

A report on this calendar event is released weekly by the CFTC Commitment of Traders.

The present indicator reflects the difference between the volumes of long and short positions on aluminum in the United States opened by speculators (non-commercial traders).

The dynamics of aluminum futures is a gauge of strength for several days.

The indicator does not have a strong impact on aluminum prices and is considered in conjunction with other figures.

An increase of the indicator value may contribute to the rise in quotes of Aluminium.

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