News summary
The price of the main contract of glass futures rose 3.3freecasinonodeposit.25%, exceeding 1700 yuan/ton, and the capital inflow exceeded 350 million yuan, showing signs of recovery in the industry.
Newsletter text
Glass futures prices soared, with the main contract rising 3.25%.
The latest news, the main contract for glass futures was trading actively today, with the price rising 3.25%, hitting 1718 yuan/tonfreecasinonodeposithigh position. According to market data, the contract 2409 has added a total of 18653 new positions, and at the same time attracted more than 5.9 billion yuan of accumulated funds. Today, more than 350 million yuan of funds flowed in.
Analysts pointed out that as an important part of the building materials industry, glass's market performance is closely related to the real estate market. Recently, with the introduction of a series of favorable real estate policies, the industry logic is shifting from oversupply to shrinking supply, and long-term market demand is expected to be good.
Although demand in the northern market picked up from April to May, the growth rate was limited. Engineering glass manufacturers generally faced a shortage of orders, and the production load remained at a low level. The industry continues to pay attention to the subsequent impact of real estate policies on the demand side.