Summary: Macro-wise, the Federal Reserve raised interest rates by 25 basis points as expected, and there may be more policy boosts in the second half of the year in China, with relatively fewer macro-level downside risks and improved market investment willingness, boosting the non-ferrous market. On the fundamentals, electrolytic aluminum production in Yunnan has accelerated, and it is expected that some large enterprises will be able to reach full production by the end of August. The total domestic operating capacity has broken a new historical high, but the current production is mainly aluminum liquid, and there is no large pressure on aluminum ingot supply. The downstream off-season domestic aluminum ingot inventory accumulation is not as expected, giving support to aluminum prices. In the short term, the inventory inflection point has not yet appeared in the aluminum market supply...
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.