Cable raw materials (aluminum) weekly report (3.5-3.9)

Domestic aspects:

China's February CPI was 2.
9% year-on-year, the highest since November 2013, 2.
5% expected, 1.
5%
in the previous month.
China's February CPI was 1.
2% m/m vs 0.
6%
prior.

China's February PPI was 3.
7% y/y versus 3.
8% expected and 4.
3%
prior.
China's February PPI was -0.
1% m/m vs 0.
3%
prior.

International aspects:

Data released by the American Institute for Supply Management (ISM) showed that the ISM manufacturing index in the United States was 54.
7 in December versus 53.
7 expected, compared with 53.
2
in the previous month of November.
The latest data suggest that U.
S.
manufacturing continues to expand.

Construction spending, which coincided with ISM's 19% month-on-month increase, hit a decade
high.
Two major data pushed the dollar sharply higher
.

Eurozone services PMI final for February 56.
2 vs 56.
7 expected, preliminary 56.
7 and January final 58.
0
.
Eurozone composite PMI final for February was 57.
1 vs 57.
5 expected, preliminary 57.
5 and January final 58.
8
.

2.
Analysis of this month's market trend