MARKET TALK: LME Aluminum Could Rise On Options Declaration

Next week's LME options declaration could bring renewed attempts to push LME aluminum higher, says Standard Bank, but strategy "has in the past few months only had limited success." Large amount of call options in $3,000/ton area has spurred attempts in past to push up prices to trigger buying. LME 3-month aluminum last at $2,735, down $18 vs Friday PM kerb, after dropping Friday on stock rise of 4,300 tons.