短期备货意愿低 预计玻璃维持震荡偏弱走势

Group 1 - The core viewpoint of the article indicates that the domestic futures market for energy and chemicals is experiencing a significant decline, particularly in glass futures, which dropped by 3.12% to 1056.00 CNY/ton [1] Group 2 - On the cost side, the average weekly profit for float glass using natural gas, coal gas, and petroleum coke as fuel is reported at -164, -4, and -69 CNY/ton respectively, showing a slight increase compared to the previous week [2] - In terms of supply, it is noted that all three fuel production lines are currently operating at a loss, leading to a continuous reduction in capacity since the end of December. However, there are rumors of three production lines planning to restart around the Spring Festival, which may lead to a slight increase in supply [2] - Regarding demand, it is observed that as January progresses, processing plants are primarily focused on completing orders, but low stocking willingness due to financial factors is affecting procurement, resulting in a stable but weak market. A cold wave may impact logistics in certain regions of North and Central China [2] - Looking ahead, it is anticipated that the market will maintain a weak and fluctuating trend until substantial positive factors such as capacity clearance emerge, with ongoing attention needed on subsequent supply-demand marginal changes and policies [2]