Shahe in stock rise glass shock upward
Market situation: Zhengzhou glass 1609 contract opened at 956 yuan/ton and closed at 975 yuan/ton, up 20 yuan/ton or 2.09 per cent from the previous trading day. Trading volume increased to about 321400 hands and positions decreased by 602 hands to 162700 hands.
News: 1. The "China Glass Composite Index" on May 20, 2016 was 888.89 points, up 0.36 points from the previous period on May 19, 2016. The "China Glass Price Index" was 888.07 points, up 0.56 points from the previous period on May 19, 2016. The "China Glass Market Confidence Index" was 892.17 points, down 0.42 points from the previous period on May 19, 2016.
in stock Price: North China, Hebei Safe 5mm Float Glass Ex-factory Price Represented at 1112 Yuan/Ton. In central China, the spot price of Wuhan Changli 5mm float glass is reported to 1120 yuan/ton. Inventory data: The number of registered warehouse receipts on the exchange was 135, down 60 from the previous trading day.
Point of view summary: the domestic glass market as a whole has risen steadily. Quotations in Shahe region have risen, with glass prices such as Zhengda, Dejin and Great Wall rising slightly, the overall outbound price is acceptable, dealer inventory is at a normal level, production enterprise inventory is low, and market confidence is acceptable; Central China is stable, production and sales are relatively good; East China and South China are rising steadily, and Guangdong Mingxuan glass prices are rising. Technically, the glass 1609 contract rose, the price stabilized to 950 the first line, the upper test 990 a line of pressure, short-term tends to range oscillation trend. Operationally, short-term 950-990 range trading.
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2023-10-19
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