Group 1 - The glass futures market is experiencing a weak performance with a current price fluctuation between 1043.00 and 1064.00 CNY/ton, reflecting a decline of approximately 1.51% [1] - Supply-side policies for the fourth quarter are largely established, with limited expected reductions in operational capacity, while the domestic real estate cycle is dragging down demand [1] - The inventory levels in the float glass industry are high, making it difficult to effectively reduce stock before the Spring Festival [1] Group 2 - The overall market fundamentals are weak, with the daily melting volume remaining at 15.91 million tons and profits from coal-based processes still present [2] - Domestic real estate prices continued to decline in September, indicating weak internal demand and insufficient support for deep processing orders [2] - The market outlook is bearish, with short-term support expected from maintenance but a long-term weak demand scenario anticipated [2]
中长期地产需求偏弱 玻璃期货以震荡偏空看待
Jin Tou Wang·2025-11-12 07:07