Group 1 - The glass futures market is experiencing a strong upward trend, with the main contract opening at 1067.00 CNY/ton and reaching a high of 1092.00 CNY, reflecting an increase of approximately 1.59% [1] - Supply remains stable week-on-week, with expectations of production cuts due to macroeconomic policies aimed at reducing overcapacity in the glass industry [1] - Demand from the real estate sector remains weak, but there are slight improvements in downstream processing orders, which increased to 9.55 days by the end of July [1] Group 2 - The market sentiment is cooling down as macroeconomic positive factors have been exhausted, leading to a price correction in glass, with expectations of short-term price fluctuations within a range [1] - The Central Political Bureau of the Communist Party emphasized the importance of high-quality urban renewal, which may impact the glass market positively in the long term [2] - The glass supply-demand balance is gradually improving, indicating a potential upward trend in prices despite current market volatility [2]
供需形势小幅好转 预计玻璃短期内以区间震荡为主
Jin Tou Wang·2025-08-12 07:03