Panel situation: Zhengzhou Glass The 1901 contract opened at 1281 yuan/ton and closed at 1296 yuan/ton, up 18 yuan/ton or 1.41% from the previous trading day, with trading volume reduced to 164000 hands and position volume reduced by 11786 hands to 164000 hands.
News: 1. On November 19, China Glass Composite Index 1144.31 points, up -0.80 points month on month; China's glass price index was 1171.53 points, up -0.89 points month on month; China's glass confidence index was 1035.42 points, up -0.45 points month on month. 2. The fourth East China and North China Conference in 2018 determined that each manufacturer would raise its price according to its own situation, and after the conference, each factory in Beijing Tianjin wing and Shandong region would raise its price by 20 yuan/ton.
Spot price: Hebei Safety 5mm float glass factory price is 1408 yuan/ton, and Shandong Jurun 5mm float glass factory price is 1520 yuan/ton in East China. In central China, the spot price of Wuhan Changli 5mm float glass was reported at 1476 yuan/ton.
Summary of views: The overall trend of the glass spot market at the weekend was fair, with the manufacturer's delivery increased, and the market confidence stabilized. Recently, the glass processing enterprises in the northern region have accelerated their work, and the relatively low glass price has also increased the price competitive advantage over the southern glass, and the market production and sales situation has improved; In addition, there are two production sites in central China that have entered cold repair upon expiration, reducing the pressure on the supply side; In October, the inventory clearing in Shahe area was fairly good. The inventory of manufacturers was significantly reduced, and some manufacturers' quotations were raised to boost the market. The price of short-term glass products continued to rebound. Technically, the price of glass 1901 ended up in shock. The lower part tested the support position of 1260, the upper part tested the 40 day average pressure level, and the short-term glass price trend was sorted out. Operationally, it trades between 1260-1335.
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Editor in charge: Zhang Yao
