US July CPI Decline Spurs Aluminum Futures Volatility; Market Eyes Social Inventory & Consumption Trends

Publicado: Aug 15, 2024 08:56
【SMM Aluminum Morning Meeting Summary: US July CPI Drops, Overnight Aluminum Futures Rally Then Retreat, Focus on Social Inventory and Aluminum Consumption Changes】August 15th, SMM Aluminum Morning Meeting Summary - Summary: On the macro front, the US July CPI data was released overnight, showing that core goods were the main factor driving the overall inflation downwards, while energy sub-sectors rebounded. Following the release, the market inclined more towards pricing the logic of a weakening economy, leading to a pullback in interest rate cut expectations, and non-ferrous metals rallied and then retreated. In terms of fundamentals, domestic operating capacity of electrolytic aluminum has gradually stabilized, with supply side gradually......

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

Para cualquier consulta o para obtener más información, por favor contacte: lemonzhao@smm.cn
Para más información sobre cómo acceder a nuestros informes de investigación, contacte con:service.en@smm.cn