1.Analysis of float glass market
This week, the domestic 5mm float glass market continued to decline. In terms of price, float glass prices in most regions of the country have been lowered, with the decline concentrated at 20-70 yuan/ton. The focus of transactions in the North China market has declined. Due to the impact of rainfall and weather in the region, shipments of manufacturers have been blocked. The prices of float glass in 5mm plates in the Shahe area have generally been lowered. Inventories in East China generally showed a cumulative trend, and market prices declined. The middle and lower reaches of the Central China market are not enthusiastic about getting goods, and prices are also under pressure and falling. Trading sentiment in the South China market is average, and market transactions are more flexible. The supply side of the float glass market is relatively stable, while the demand side is still relatively weak and there are no bright spots. Spot market prices are loose, combined with repeated weather impacts in some areas, and the improvement in market production and sales is doubtful.
In terms of futures, glass prices rebounded slightly during the week and then fell back. At the beginning of the week, the opening of the current arbitrage space for glass led to a certain positive sentiment in some speculative demand. Coupled with the rebound in cost-side commodity prices and the warming of macro atmosphere, glass prices rebounded slightly. However, in the absence of actual driving forces, the rebound space was relatively limited.
2.Comparison of float glass market prices
3.Float glass inventory
this weekfloat glassFactory total inventory 6248.1Multi-weight box，last week6158.8Ten thousand heavy boxes, morelast weekAdd 893,000 heavy boxes，The range was 1.45%, and the weekly inventory of float glass production plants rose for four consecutive weeks.
4.Weekly operating rate of float glass
this weekfloat glassThe weekly operating rate was 82.72%, and the month-on-month rate was 0.00%。Operating rates were unchanged from last week。
5.Weekly float glass output
This week, domestic glass production lines totaled 30% after eliminating zombie production lines1Article, in whichProduction 249strip, float glassyield1.1923 million tons, 0.34% month-on-month and 2.63% year-on-year.
