Float glass market temporarily stabilized

Float glass market temporarily stabilized

Float glass market price

Analysis of float glass market

Today, China's 5mm float glass market is operating steadily compared with yesterday. The shipment performance of manufacturers in North China is still acceptable, with the market price remaining at 1600 yuan/ton. However, the price of 5mm small float glass in Shahe area has been reduced by a narrow range of 4 yuan/ton to 1404 yuan/ton; the market price in East China is relatively stable, and the middle and lower reaches are mainly in need of procurement; the market price in Central China is 1580 yuan/ton, which is more stable than yesterday. Market prices in the northwest and northeast regions are operating steadily; float glass prices in South China remain unchanged and the market is operating steadily.

Float Glass Index Analysis

According to data from Boduo, the float glass price index on May 11 was 1,534.24, down 0.36 or 0.02% from the previous working day.

market outlook

The supply of float glass market remains high. The demand side is currently facing the opening of arbitrage space, which has intensified market production and sales fluctuations and led to certain positive feedback in market sentiment. However, downstream deep processing has not improved significantly, and the sustainability of subsequent replenishment needs to be considered. However, as the cost-end price rises, the glass's own profit margin has narrowed, and manufacturers still have the willingness to hold prices. It is expected that float glass may fluctuate within a narrow range in the short term, waiting to be driven.