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January 23, 2024, 5:07 PM
Float glass market price
Analysis of float glass market
Today, the float glass market is operating weakly. As of now, the spot market price of float glass is 2023 yuan/ton. Market prices in East China are operating stably, while shipments in Shandong are falling due to snowfall; market prices in North China are down within a narrow range, and downstream purchasing sentiment is relatively flat. Shipping prices of some enterprises in the Beijing-Tianjin-Tangshan and Shahe regions are down; market prices in Central China are stable and stable., production and sales of enterprises are basically balanced; market prices in South China are stable, and the downstream market is in need of support.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on January 17 was 1,801.69, down 0.67 or 0.04% from yesterday.
Futures dynamics
According to data from Boduo, the opening price of the main glass contract M2405 on January 17 was 1759 yuan/ton, and finally closed at 1749 yuan/ton, with a maximum of 1779 yuan/ton and a minimum of 1723 yuan/ton, holding 504430 lots.
market outlook
Today, the purchasing atmosphere in the float glass spot market has cooled down. The upstream soda ash market price continues to fall, and the production costs of glass companies have moved downward; the downstream real estate industry has entered a seasonal off-season, the overall consumer demand in the market has become weak, and demand-side support has declined. It is expected that the float glass market will operate weakly in the short term.
