Group 1 - The glass futures market is experiencing a significant decline, with the main contract dropping by 6.90% to 1133.00 yuan/ton as of the report date [1] - The macroeconomic sentiment is influenced by expectations surrounding the "anti-involution" policy, with the Ministry of Industry and Information Technology indicating that a growth stabilization plan for ten key industries, including steel and construction materials, is forthcoming [1] - Supply pressures are increasing due to planned production cuts by photovoltaic glass companies, leading to a decrease in daily melting volume and contributing to higher inventory levels in the industry [1] Group 2 - The current real estate market remains weak, impacting downstream processing orders and leading to a focus on essential purchases, with automotive glass manufacturers unable to offset the weak demand from real estate [1] - Short-term outlook for glass prices is expected to be volatile, with a significant pullback following initial macro policy boosts, and inventory levels are decreasing primarily due to procurement by market participants [2] - For a sustained price increase in the medium to long term, substantial policy changes in the real estate sector are necessary, as continued weak demand would require ongoing supply reductions to create upward price momentum [2]
玻璃情绪释放出现大幅度回调 预计短期内震荡为主
Jin Tou Wang·2025-07-31 07:02