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MARKET TALK: LME Aluminum Likely In $2,850-$2,900 Range S/T

Tuesday, May 08, 2007
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LME aluminum likely to remain in recent narrow $2,850-$2,900/ton range, as buying interest, selling interest present at both ends, says Tokyo-based trader at major Japan house. "We have some selling interest above $2,900 level, but we also have buying interest under $2,850." LME 3-month aluminum +$1 on London Friday PM kerb at $2,891/ton

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