Float glass prices in individual markets increased within a narrow range

Float glass prices in individual markets increased within a narrow range

Float glass market price

Analysis of float glass market

Today, the prices of some domestic 5mm float glass market increased within a narrow range. Among them, the overall price of manufacturers in Northeast China has been raised by 10 yuan/ton to 1390 yuan/ton, and production and sales have improved; prices have been continuously increased in the Beijing-Tianjin-Tangshan region of North China, and companies have a strong willingness to support prices; some areas of Shahe have adjusted their quotations slightly in order to stimulate shipments, and the market transactions are relatively flexible; the quotations of manufacturers in other regions are stable, and the downstream is mainly in need of replenishment. The overall shipment situation in the float glass market has improved slightly, butThe situation of deep processing orders has not improved significantly, and the sustainability of replenishment needs to be considered; overallThe market is showing signs of marginal improvement.

Float Glass Index Analysis

According to Boduo data, the float glass price index on August 6 was 1,323.04, which was unchanged from the previous working day.

Futures dynamics

According to Boduo data, the opening price of FG2409, the main glass contract, on August 6, was 1345 yuan/ton, and finally closed at 1335 yuan/ton, an increase of-1.18% within the day. The intraday high was 1360 yuan/ton, the lowest was 1322 yuan/ton, holding 633382 lots, a month-on-month-on-month-

Today, glass futures prices remain mainly weak and volatile due to the impact of the market environment. The weak reality logic of glass itself continues. The emotional rebound in the early stage has not yet formed a sustained positive feedback boost to the spot market. After spot production and sales declined slightly month-on-month, manufacturers 'quotations show signs of lowering again. In the follow-up, we still need to continue to pay attention to whether the repair problems in the terminal market during the peak season can boost periodic demand for glass.

market outlook

The supply side of the float glass market fluctuated at a high level. Production and sales in some regions improved, but terminal demand remained weak;It is expected that the float glass market will still be under upward pressure and limited downside space in the short term, and may continue to adjust in a narrow range.