SMM Period Aluminum Brief: Low Inventory Support, Shanghai Aluminum Slightly Strong and Shaking. In terms of the macro aspect, the U.S. core PCE price index for November was lower than expected, and the inflation index unexpectedly cooled down. In addition, the U.S. real GDP for the third quarter was revised downward, and consumption fell short of expectations, further strengthening the view that the Fed will turn to rate cuts, providing support for aluminum prices. On the domestic macro front, continuous release of positive news, the State Council again mentioned accelerating the construction of a nationwide unified large market, and state-owned banks have lowered deposit rates...
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