Group 1: Glass Futures Market Overview - The glass futures market is experiencing a strong upward trend, with the main contract opening at 1178.00 CNY/ton and reaching a high of 1214.00 CNY, reflecting an increase of approximately 2.89% [1] - The overall market sentiment is positive due to improved fundamentals, with sales in Hubei recovering and processing plants in North China resuming operations [1] - The market is expected to remain volatile within the range of 1150 to 1200 CNY, influenced by supply-side production halts and seasonal demand [1] Group 2: Supply and Demand Dynamics - Glass production remains stable with little week-on-week change, while demand growth is limited despite entering the peak season [1] - The overall supply-demand balance is loose, with policy sentiment fluctuating, leading to expectations of short-term price oscillations [1] - Companies are facing pressure on supply due to new production lines coming online, with daily melting capacity slightly increasing to 160,000 tons [2] Group 3: Inventory and Pricing Trends - Corporate inventory has shifted from increasing to decreasing, with spot prices remaining stable to slightly strong [2] - The real estate sector is experiencing a widening decline in completed area, contributing to weak terminal demand [2] - The market strategy suggests a cautious approach, with increased volatility at lower price levels and a focus on observing market trends [2]