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MARKET TALK: LME Aluminum Slips As Sellers Put On Pressure

Tuesday, Feb 27, 2007
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LME aluminum is slipping under the weight of selling pressure, with the $3,000 a metric ton target looking increasingly further out of a reach, a broker says. "Buying has failed to materialize and we're seeing some light profit-taking along with a little nervous liquidation," he adds. LME aluminum trades last at $2,874/ton, down 1% from Monday's high.

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