行业基本面无明显变化 浮法玻璃价格料维持稳中偏弱运行

Core Viewpoint - The glass prices have been declining since August due to reduced market enthusiasm and an oversupply situation, despite a brief rebound in late July [1] Price Trends - After reaching a five-month high on July 25, the main glass futures contract price has dropped by over 300 yuan per ton [1] - As of August 6, the national average price of float glass was 1264.28 yuan per ton, down 36.57 yuan per ton from the recent peak on August 1 [1] Market Analysis - The previous rise in float glass prices was driven by a combination of rising futures prices and low social inventory, leading to emotional concentrated replenishment [1] - The supply-demand imbalance remains unresolved, with traditional peak season demand expectations not being met, causing a return to fundamental pricing [1] Inventory and Supply Dynamics - Recent expectations of traditional peak season demand have not materialized, leading to increased inventory levels among manufacturers and a price decline [1] - Some regions are experiencing a rapid increase in manufacturer inventory, indicating a need to digest existing stock [1] Future Outlook - The current situation shows varied downstream inventory levels, with some still holding significant stock, suggesting a need for time to digest [1] - Float glass manufacturers may face increased inventory pressure, leading to expectations of prices remaining stable but slightly weak in the short term [1]