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January 23, 2024, 5:14 PM
Float glass market price
Analysis of float glass market
Today, the float glass market is stable and declining. As of now, the spot market price of float glass is 2024 yuan/ton. The focus of market transactions in East China has shifted downward, the spot market transaction performance is average, and prices in Anhui have declined widely; market prices in North China have fluctuated, and the overall production and sales situation of glass companies is good; market prices in Central China are stable, and individual companies flexibly adjust prices for shipments; Market prices in South China have declined, and some companies have implemented certain promotional policies. The downstream wait-and-see attitude is heavy, and Guangdong's large board prices have been lowered.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on January 23 was 1,802.2, down 1.29 from yesterday, or 0.07%.
Futures dynamics
According to data from Boduo, the opening price of the main glass contract M2405 on January 23 was 1818 yuan/ton, and finally closed at 1812 yuan/ton, with a maximum of 1825 yuan/ton and a minimum of 1797 yuan/ton, with 442185 positions held.
market outlook
Today's float glass shipments performed average. The price of the upstream soda ash market has fluctuated, and the sentiment on glass cost has changed rapidly; the purchasing sentiment in the downstream south has declined, the focus of market transactions has shifted, and demand-side consumption has gradually weakened. It is expected that the float glass market will operate weakly in the short term.
