Outlook for LME aluminum slowly becoming much more bullish, with physical premiums rising in Europe, inflows of stocks to LME warehouse "paltry" despite sharp backwardation, says Stardard Bank; notes low stock arrivals a sign not as much material available as market has been saying recently, or that those holding physical metal waiting for prices to rise before delivering. LME 3-month last at $2,720/ton, +$2 vs London Friday PM kerb in quiet market; spread on cash to 3-month at $97.50.
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