Downstream demand is slowing, and glass prices will remain volatile in the short term.

Published Time:

2021-08-30

In early July, while inspecting glass in Hebei, the price of glass futures was around 2700. Nearly two months later, the price of glass returned to 2700. Unsurprisingly, the price of the futures market is unpredictable; there are rises and falls.

Inventory of glass deep processing enterprises

In the research, most glass companies and traders focused on the consumption situation on July 1st. If July gradually improves, consumption will not be too bad when the traditional peak consumption season arrives in September. However, the strong glass price did not last until August, mainly because macroeconomic policy factors such as the epidemic were not conducive to the consumption of bulk commodities, and the slowdown in downstream real estate growth put severe pressure on glass prices.

Flat glass increased by nearly 28%, the highest in recent years, and profits from architectural technical glass increased significantly.

Glass futures contracts for distant months have risen sharply.

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