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January 31, 2024, 4:33 PM
Float glass market price
Analysis of float glass market
Today, the float glass market price is running smoothly. As of now, the spot market price of float glass is 2023 yuan/ton. Market prices in East China are stable, with large differences in shipments among companies; market conditions in North China are stable, and overall shipments of glass companies are still acceptable. There are 800 tons of production stops in the fourth line in Hebei today; market prices in Central China are temporarily stable, and glass companies have implemented price insurance policies well, and there is a certain amount of stockpiling behavior in the downstream; market prices in South China are temporarily stable, downstream demand is gradually weakening, and the market trading atmosphere is gradually dull.
Float Glass Index Analysis
According to Boduo data, the float glass price index on January 31 was 1,819.04, which was the same as yesterday.
Futures dynamics
According to data from Boduo, the opening price of the main glass contract M2405 on January 31 was 1837 yuan/ton, and finally closed at 1837 yuan/ton, with a maximum of 1853 yuan/ton and a minimum of 1821 yuan/ton, with 513208 positions held.
market outlook
Today's float glass market shipments performed generally. The price of the upstream soda ash market is stable and the support for glass costs is still adequate; the Spring Festival is approaching, and downstream factories are mostly on holidays and production is suspended. The overall willingness to obtain goods is not strong, and the demand side is weak. It is expected that the float glass market will operate steadily in the short term.
