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MARKET TALK: LME Aluminum Could Fall To $2,760/Ton - Harbor

Monday, Apr 16, 2007
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LME aluminum could veer toward support at $2,760/ton after falling $49 Friday, says Harbor Intelligence; notes reports of lower Chinese March aluminum imports as domestic alumina production continues to boom. Lack of physical demand, producer selling, lower oil prices also weigh. LME 3-month aluminum last at $2,815/ton, up $3 from Friday PM kerb.

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