The float glass market is stable and improving
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September 29, 2024, 3:44 PM The float glass market is stable and improving
Float glass market price
Analysis of float glass market
Today, the price of 5mm float glass market in China is stable and strong. Among them, the focus of transactions in the North China market has shifted significantly, raising it by 30 yuan/ton to 1120 yuan/ton. The price of 5mm glass in the Beijing-Tianjin-Tangshan and Shahe areas has increased significantly. The trading atmosphere is good, and manufacturers are actively moving to the warehouse; East China has stabilized and increased. Prices in Shandong have increased by 20 yuan/ton. The production and sales situation are good, and manufacturers 'shipments are still acceptable; the quotations of float glass manufacturers in other regions are relatively stable. At present, boosted by market sentiment, purchasing efforts in the middle and lower reaches of the holiday have increased, and the demand side has experienced marginal improvement; coupled with the sharp rise in the glass futures market, the transaction of spot float glass has further promoted the overall market performance is improving.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on September 29 was 1,081.18, up 22.58 from the previous working day, or 2.13%.
market outlook
Driven by macro-favorable policies, glass manufacturers mainly de-inventory before the holiday, and the production and sales situation is improving. Some manufacturers still have intentions to increase; the rise in spot prices may continue in the short term, but it is still necessary to pay attention to the demand side. Continued recovery efforts and the process of de-inventory.