Float glass market adjusts narrowly
Float glass market price
Analysis of float glass market
Today, China's 5mm float glass market is mainly adjusted in a narrow range. Among them, prices in Northeast China have been lowered by 30 yuan/ton to 1260 yuan/ton, and downstream processing companies have mainly digested early preparations, and the focus of market transactions has been low; Shahe region in North China has been affected by macro sentiment, with 5mm large boards rising by 4 yuan/ton to 1068 yuan/ton, prices of other specifications have been stable and declining; prices in East China are mainly stable today, and manufacturers are still weak in price support. Today, some production lines in Ningxia have released water, and signs of cold repair on the supply side are accelerating; there has been no significant change in the demand side, with moderate downstream purchases mainly. Recently, market sentiment has fluctuated greatly, and performance varies slightly among various places. There are certain variables in the spot market, so companies are more waiting and see.
Float Glass Index Analysis
According to data from Boduo, the float glass price index on October 12 was 1,134.29, up 0.69 or 0.06% from the previous working day.
market outlook
In the future, some float glass production lines are still planned to undergo cold repair, and supply expectations have dropped; downstream purchases are mainly based on moderate amounts, and the trading atmosphere is general; it is expected that the float glass market will remain volatile in the short term, and specific changes in market sentiment need to be paid attention to.
