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MARKET TALK: LME Aluminum Looks Vulnerable As Stocks Rise

Wednesday, Feb 07, 2007
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LME aluminum looks vulnerable especially as stocks have started to build, says BaseMetals analyst Will Adams. "We'll need to see where aluminum is trading after option declaration - any move below $2,690/ton would suggest further weakness," he adds. LME aluminum trades at $2,706/ton, up slightly from a low of $2,700/ton Tuesday.

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