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MARKET TALK: Technical Support For LME Aluminum At $2,745/Ton

Monday, Apr 02, 2007
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LME aluminum is still in positive territory with good technical support around the $2,745 a metric ton level, the location of the 100-day moving average, says Triland's Roy Carson. The outlook remains positive with a challenge to the $2,800/ton area seen in the near-term, Carson adds. LME aluminum trades at $2,778/ton, steady overnight but -1% from Friday's high.

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