TODAY'S MARKET INTELLIGENCE
[Electrolytic Aluminum] The U.S. Did Not Raise Rates Last Night.
English summary
The U.S. kept the federal funds rate at 3.50%–3.75%, the fifth consecutive hold this year. LME aluminum has risen recently, approaching $3,200/t; SHFE aluminum is above RMB 23,600/t. [Huatong Cable] One of the highest beta/alpha names in electrolytic aluminum; future profitability and volume from African electrolytic aluminum could beat expectations! [福][福][福]
The English text is machine translated and may require verification against the Chinese version.
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