The future of glass futures is weak
Yesterday, the commodity futures market showed two hot days, and the overall performance of the building materials series was weak. Among them, the main contract of the glass futures 1601 contract fell 1.89% to 831 yuan/ton. Masukura 34,600 hands, holding positions of 180,700 hands. In the spot market, according to Zhang Jun, a researcher at CITIC Futures, the domestic glass spot market was basically stable last week, and there was no significant change in the prices of major glass factories in various regions. This week, with the gradual end of industrial production restrictions and site stoppages in North China, local glass companies have confidence in the recovery of this part of the demand after the holiday. “The continuous increase in price in Central China is an important highlight of the recent spot market. The recollection is also quite bumpy. The shock of 160 yuan in two months makes the only way for production companies to understand the contradiction between supply and demand is the production capacity exit, not What can be achieved by the regional coordination meeting. Under the expectation of Jinjiuyin 10, most of the production enterprises have some flaws in the later market. Therefore, after the first half of the year, most manufacturers hope to make up some loss of benefits during the peak season. Prepare for the upcoming severe winter. From the data of the downstream real estate market in July, the days of the glass industry in this winter and tomorrow will be even more difficult!" Feng Xiao, an analyst at Nanhua Futures. However, Zhang Jun is more optimistic about the market. For the market outlook, he believes that with the sharp correction of the pre-holiday price, the market pessimism has been released, and the negative impact on the macro and news side has gradually weakened. In the short-term, in the “Golden Nine†expected glass fundamentals or to maintain a seasonal warming trend, there is still room for further easing of supply and demand pressure in the glass market. Under the premise of no more macro or policy negative, glass is expected to stabilize and rebound under the support of spot support and market confidence, and a wave of repairs will be launched in the short term. Color Eva Film,Eva Adhesive Film,Color Eva Films,Color Movie Film HUAKAI FENGSHI TECHNOLOGY (CHONGQING) CO., LTD. , https://www.cqhkpvb.com