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January 23, 2024, 4:49 PM
Float glass market price
Analysis of float glass market
Today, the float glass market fluctuated upward. As of now, the spot market price of float glass is 2006 yuan/ton. The focus of market transactions in East China has shifted upward, and the downstream market has just needed better support. Market prices in Anhui and Zhejiang have increased significantly; market prices in North China have temporarily stabilized, and the spot price of glass in Shahe has been lowered again. The market transaction performance has been tepid; Central China Market prices have declined within a narrow range, and overall shipment performance has been average; market prices in South China have increased, and some models of glass are in short supply, and manufacturers 'overall inventory is low.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on January 2 was 1,784.64, an increase of 1.42 or 0.08% from the previous working day.
Futures dynamics
According to data from Boduo, the opening price of the main glass contract M2405 on January 2 was 1880 yuan/ton, and finally closed at 1881 yuan/ton, with a maximum of 1899 yuan/ton and a minimum of 1859 yuan/ton, holding 860259 lots.
market outlook
Spot stocks of float glass have been low recently. The upstream soda ash market is weak, and the overall production and sales of the company remain balanced; the overall demand in the northern downstream market is average, and glass manufacturers make more profits to ship; there is a certain demand in the southern downstream, and the overall production and sales of the company are good. It is expected that the number of northern goods from the south will increase in the short term.
