玻璃：冷修扭转市场情绪 关注1000点位支撑情况

Supply and Demand - The national float glass daily production is 156,700 tons, which is an increase of 1.03% compared to the previous day [2] - The total float glass production for the week (May 9-15, 2025) is 1,091,700 tons, showing a slight decrease of 0.02% week-on-week and a year-on-year decrease of 9.73% [2] - The total inventory of sample enterprises for float glass is 68.082 million heavy boxes, which is an increase of 522,000 heavy boxes, or 0.77% week-on-week, and a year-on-year increase of 14.45% [2] - The inventory days are 31 days, which is an increase of 0.2 days compared to the previous period [2] Market Analysis - Recent cold repair news has boosted market sentiment, with support forming at the 1,000-point level [3] - However, the spot market sentiment remains pessimistic, with prices generally declining across various regions [3] - The production and sales rate of manufacturers has been affected by previous market declines, leading to a weak overall market expectation [3] - There has been a gradual improvement in downstream processing orders during April and May, with seasonal demand recovery for processing plants [3] - Market expectations are weak, with a forecast of slowed demand progress after June due to the summer rainy season [3] - The overall market is expected to maintain a bottoming oscillation pattern, with further increases requiring more cold repairs to be realized [3] Operational Recommendations - It is suggested to monitor the support situation at the 1,000-point level for float glass [4]