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January 29, 2024, 4:31 PM
Float glass market price
Analysis of float glass market
Today, the float glass market is up. As of now, the spot market price of float glass is 2021 yuan/ton. Market prices in East China are operating smoothly, and companies flexibly adjust price policies; market prices in North China have risen widely, companies have successfully removed warehouses, and overall production and sales have remained high. Prices in the Beijing-Tianjin-Tangshan and Shahe regions have risen; market prices in Central China have risen slightly, and glass companies have The shipment performance is still acceptable. Hunan has stored 1000 tons of first-line fires yesterday; market prices in South China have been operating steadily, downstream factory operating rates continue to decline, and the market trading atmosphere is slightly dull.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on January 29 was 1,818.02, up 11.73 from the previous working day, or 0.65%.
Futures dynamics
According to data from Boduo, the opening price of the main glass contract M2405 on January 29 was 1849 yuan/ton, and finally closed at 1878 yuan/ton, with a maximum of 1920 yuan/ton and a minimum of 1840 yuan/ton, with 519683 positions held.
market outlook
Today's float glass market shipments are still good. The price of the upstream soda ash market has stopped falling and stabilized, which is still supporting the cost of glass; the overall profit of the glass industry fluctuates within a narrow range, and the market supply is relatively sufficient; demand from downstream deep processing companies continues to weaken before the holiday, and orders are nearing completion. It is expected that the float glass market will be stable in the short term. Run steadily.
