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January 25, 2024, 4:30 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 2016 yuan/ton. Market prices in East China are operating smoothly, and companies flexibly adjust price policies, and market shipments have improved; market prices in North China are temporarily operating stably, and the price of Shahe 5mm large slabs has increased again; market prices in Central China are stable, and downstream markets maintain just need to purchase; Market prices in South China are operating stably, and companies implement more promotional policies and offer discounts according to volume, resulting in a strong wait-and-see attitude in the market.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on January 25 was 1,805.04, up 1.6 from yesterday, or 0.09%.
Futures dynamics
According to data from Boduo, the opening price of the main glass contract M2405 on January 25 was 1859 yuan/ton, and finally closed at 1853 yuan/ton, with a maximum of 1872 yuan/ton and a minimum of 1836 yuan/ton, holding 465073 positions.
market outlook
Today's float glass market shipments are still good. The upstream soda ash market is weak, glass companies have good profits, and the market supply is sufficient; the Spring Festival is approaching, demand from downstream deep processing companies continues to weaken, and orders are nearing completion. It is expected that the float glass market will operate steadily in the short term.
