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January 23, 2024, 5:12 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 2024 yuan/ton. Market prices in East China are stable, and the spot market transaction performance is average; glass market prices in North China have increased within a narrow range, and the number of transactions on the market is still acceptable, and the focus of market transactions in the Beijing-Tianjin-Tangshan and Shahe regions has shifted; market prices in Central China are operating stably, with individual companies flexibly adjusting prices for shipments; market prices in South China are stable, and the purchasing atmosphere in the downstream market is slightly cold.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on January 22 was 1,803.82, up 3.51 from the previous working day, or 0.19%.
Futures dynamics
According to data from Boduo, the opening price of the main glass contract M2405 on January 22 was 1762 yuan/ton, and finally closed at 1799 yuan/ton, with a maximum of 1843 yuan/ton and a minimum of 1755 yuan/ton, with 451618 positions held.
market outlook
Today's float glass shipments performed well. Recently, the overall profit of the glass industry has been good, the market supply is relatively sufficient, and some companies have accumulated high inventories; downstream demand is in the seasonal off-season, and the spot market transaction performance is tepid, and the float glass market is expected to operate weakly in the short term.
