MARKET TALK: LME Aluminum Mkt Untroubled By LME Downturn

LME aluminum market remains the least troubled of the metals by the LME's recent downturn, trading just below the $2,700/ton level basis 3-month, given positioning on options for December. "Aluminum is holding its breath for now, but options positioning in December could see some lively price action," says a trader. LME 3-month aluminum trades at $2,669.50, down $16.50 on the Tuesday PM kerb.