Group 1 - Glass futures continue to operate weakly, with the main contract reported at 1010.00 yuan/ton, down 1.56% [1] - As of May 15, 2025, the total inventory of float glass in sample enterprises reached 68.082 million heavy boxes, an increase of 0.77% month-on-month and 14.45% year-on-year, with an inventory days of 31 days, up 0.2 days from the previous period [2] - The number of operational float glass production lines is 220 out of 286, with a daily melting capacity of 156,505 tons, remaining at a low level in recent years [2] Group 2 - According to Jianxin Futures, glass production has significantly decreased, returning to levels seen at the end of February, with potential for further declines. The market is entering a traditional off-season, leading to weakened cyclical demand and limited short-term purchasing enthusiasm from downstream [3] - Galaxy Futures notes that glass futures prices are fluctuating due to flexible transactions in the spot market, with increased transactions in the Shahe region but generally weak in other areas. Inventory pressure is high in the off-season, and prices still have room to decline [3]
下游全年需求难有显著增量 玻璃短期内偏弱震荡
Jin Tou Wang·2025-05-22 07:20