SHFE aluminium at downside risk on expected inventory build-up and fading macro impact

มิ.ย. 27, 2023, at 6:04 pm
SMM

After the US Federal Reserve paused interest rate hike in June, market opinion are split over future interest rate path. Following interest rate cuts by China’s central bank, market is now anticipating more stimulus policies.

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Aluminium price forecast based on machine learning and technical indicators
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Aluminium ingot destocking has slowed down, inventories at risk of building up soon

SHFE aluminium at downside risk on expected inventory build-up and fading macro impact

Aluminium price forecast based on machine learning and technical indicators

Aluminium ingot destocking has slowed down, inventories at risk of building up soon