MARKET TALK: LME Aluminum Technical Tightness Persists

Technical tightness for the December date in LME aluminum remains, potentially pushing prices up further from their current five-month high of $2,817.50/ton, basis three-month, says a trader. "At some point one or more participants may want to get out of their positions, which would dissipate the tightness, but for now the December date remains tight," he says.