MARKET TALK: Weak China Aluminum Mkt Unlikely To Weigh On LME

China's weak physical aluminum market unlikely to weigh on LME aluminum short-term, which is on an uptrend despite rapidly growing output in China. "I think we have plenty of material so the market is weak as compared to the LME." Says LME aluminum able to shrug off China's domestic surplus as global market relatively tight, inventories at multi-year lows, Chinese exports unlikely as domestic prices still more profitable for traders than export prices. LME 3-month aluminum down $19 at $2,794/ton on London PM kerb, after gaining $23.50 in London Friday.