Cable raw materials (aluminum) weekly report (3.12-3.16)

Domestic aspects:

1.
From January to February this year, the operation of the national economy started to improve, and many data such as investment, consumption, and industrial production grew
steadily.
The data reflects that the speed of China's economic transformation and upgrading is increasing, the leading role of consumption upgrading is increasing, and the ability to support new kinetic energy is also constantly improving
.

2.
State-owned Assets Supervision and Administration Commission: In the first quarter, the order adequacy ratio and normal rate of central enterprises increased year-on-year; It is estimated that the leading index of central enterprise prosperity in the first quarter of 2018 was 85.
87%, an increase of 3.
32 percentage points over the first quarter of 2017, and the highest value
of the leading index in the same period in the past five years.

International aspects:

1.
The initial jobless claims data in the United States for the week of March 10 fell below the 300,000 mark for 158 consecutive weeks, and the number of initial jobless claims in the week was 226,000, lower than the expected 228,000 and the previous value of 231,000, indicating that the US labor market continues to be strong
.

2.
The US CPI in February was 0.
2% month-on-month, 0.
2% expected, and 0.
5%
in the previous month.
US CPI in February was 2.
2% y/y vs.
2.
2% expected vs.
2.
1%
prior.
US core CPI February 0.
2% m/m vs 0.
2% expected vs.
0.
3%
prior.
US core CPI for February was 1.
8% y/y vs 1.
8% expected and 1.
8%
prior.

3.
Eurozone February CPI year-on-year final value 1.
1%, expected 1.
2%, preliminary value 1.
3%.

Eurozone core CPI for February came in at 1% y/y final 1%, 1% expected, and 1%
preliminary reading.
Eurozone February CPI 0.
2% m/m vs 0.
2% expected vs.
-0.
9%
prior.

2.
Analysis of this month's market trend