The domestic float glass market shows big stability and small movements

Spot: The average price of float glass today is 3061 yuan/ton, an increase of 1 yuan/ton from the previous trading day, an increase of 0.03% month-on-month, and the 09 contract expanded by 122 yuan/ton to 286 yuan/ton. The domestic float glass spot market remained stable.

The Shahe market in North China is flat and the market price is flexible. Traders provide different quotations according to their own circumstances. Sales of their own inventory are different, and the production and sales of production companies are also different, and most of them can be balanced; the East China market runs smoothly, and the downstream market is cautious. Under the impact of the surrounding glass, the production and sales of local companies are quite different, and the industry has a strong wait-and-see attitude; the original film market in Central China is operating stably, with the overall production and sales at about 80%. There is a slight difference between the production and sales of enterprises, and the control area is gradually lifted, but the market is still strong; individual companies in southern China raise prices by 1 yuan/heavy container, and neighboring companies are affected by the price increase of some large manufacturers, and overall shipments are acceptable; individual manufacturers in southwestern China The price of white glass and colored glass increased by 60 yuan/ton, and the prices of other manufacturers were mainly stable. The current shipment situation is relatively ordinary, and the downstream goods are still relatively poor; the northwest region is mainly based on stable prices.

Market outlook: On the supply side, due to the large profitability of the original studio, the operating rate remains at a relatively high level. Under strict environmental protection policies, it is expected that the possibility of a substantial increase in glass production capacity in the future is unlikely, and the short-term focus will be on downstream demand. In terms of inventory: In the short term, due to public health incidents, logistics channels have been hampered to a certain extent. The production and sales of enterprises have been average, and inventory has risen for three consecutive weeks. On the demand side, spot prices maintained a high premium, while housing completion and sales area remained high, supporting glass demand in the second half of the year.