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[Float Glass]1.4 Float Glass Daily Review: Float Glass Market Prices Increase in Many Regions

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January 23, 2024, 4:52 PM


Float glass market price


 

Analysis of float glass market

Today, the float glass market is rising steadily. As of now, the spot market price of float glass is 2017 yuan/ton. The market in East China is on the rise, and the downstream market is just in need of strong support, so the overall shipments of glass companies are still acceptable; the market prices in North China have increased, and the trading atmosphere is good. Prices in the Beijing-Tianjin-Tangshan region have continued to rise, and market prices in the Shahe region have fallen and fallen.; Market prices in Central China have risen slightly, and downstream buying sentiment has improved; market prices in South China have risen within a narrow range, and the overall trading atmosphere is still acceptable. Spot glass prices in Guangdong and Fujian have risen significantly.

 

 

Float Glass Index Analysis

According to data from Boduo, the float glass price index on January 4 was 1,806.38, up 15 or 0.84% from yesterday.

 

 

Futures dynamics

According to data from Boduo, the opening price of the main glass contract M2405 on January 4 was 1973 yuan/ton, and finally closed at 1937 yuan/ton, with a maximum of 1979 yuan/ton and a minimum of 1902 yuan/ton, holding 877670 lots.

 

market outlook

Today, float glass companies are shipping well. The upstream soda ash market is weak and stable, and the market supply is relatively stable; the southern market is still lively, and market prices in some regions continue to rise; under the implementation of the winter storage policy in the central and northern regions, shipments have improved significantly. It is expected that the float glass market will be stable in the short term. Operation.