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January 30, 2024, 4:24 PM
Float glass market price
Analysis of float glass market
Today, the float glass market price is rising steadily. As of now, the spot market price of float glass is 2023 yuan/ton. Market prices in East China are stable, and company shipments vary greatly; the market conditions in North China are relatively strong, and the prices of some glass spot rose before the holiday, with the downstream just needing inventory mainly; market prices in Central China are temporarily stable, and glass companies are insured. The price policy has been implemented well, and prices in Hubei have increased slightly; market prices in South China are operating stably, the operating rate of downstream factories continues to decline, and the market trading atmosphere is tepid.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on January 30 was 1,819.04, up 1.02 from yesterday, or 0.06%.
Futures dynamics
According to data from Boduo, the opening price of the main glass contract M2405 on January 30 was 1863 yuan/ton, and finally closed at 1861 yuan/ton, with a maximum of 1879 yuan/ton and a minimum of 1835 yuan/ton, holding 503871 positions.
market outlook
Today's float glass market shipments performed generally. The overall supply in the glass market is relatively sufficient, but it is significantly lower than the level of the same period last year. Rigid demand in downstream areas has certain support for prices. However, the Spring Festival is approaching, and downstream factories have mostly stopped production during holidays. The overall willingness to obtain goods is not strong. It is expected that the float glass market will be stable in the short term. Run steadily.
