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January 23, 2024, 4:56 PM
Float glass market price
Analysis of float glass market
Today, the float glass market price fluctuates endlessly. As of now, the spot market price of float glass is 2024 yuan/ton. Market prices in East China have maintained stable stability, and glass spot sales are still acceptable; market prices in North China have temporarily stabilized, prices in Beijing-Tianjin-Tangshan regions have increased slightly, and market prices in Shahe region have fluctuated and lowered; market prices in Central China have been stable, and downstream purchasing mentality has been more cautious; in South China, market prices have risen within a narrow range, and the overall trading atmosphere is still acceptable. Spot glass prices in Guangdong have risen sharply.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on January 8 was 1,805.31, down 4.51 from the previous working day, or 0.25%.
Futures dynamics
According to data from Boduo, the opening price of the main glass contract M2405 on January 8 was 1898 yuan/ton, and finally closed at 1871 yuan/ton, with a maximum of 1914 yuan/ton and a minimum of 1823 yuan/ton, holding 840598 positions.
market outlook
Today, the float glass market is operating weakly. The trend of the upstream soda ash market has declined, weakening support for glass costs; new policies were released in the New Year to actively promote energy conservation, carbon reduction and green transformation in key areas of the glass industry, and provide certain support for the future construction direction and the elimination of old glass production capacity. It is expected that the float glass market is developing well in the future.
