The hottest spot is stable with falling glass futu

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The main contract fg1405 of Zhengshang exchange glass futures closed down today. The opening price was 1316 yuan/ton, the highest price was 1325 yuan/ton, and the lowest price was 1312 yuan/ton. It closed at 1315 yuan/ton, down 1 yuan/ton from the closing price of the previous trading day. The trading volume was 185588 hands, down 3634 hands from the previous trading day, and the position was 249264 hands. Compared with the previous trading day, the products covered general plastics Add 3324 hands in the fields of engineering plastics and special engineering plastics. The number of registered warehouse receipts is 250, including 250 for Qinhuangdao Yaohua

overview of the spot market

the domestic float glass raw sheet market operates stably, and the factory price quotations of manufacturers in major regions generally focus on the backbone enterprises of new materials. The shipment of manufacturers in Shahe area, a weather vane, gradually slowed down, and the price of China Resources, a futures delivery plant in South China, decreased by 40 yuan/ton

prices of manufacturers in main regions: in East China, the ex factory price of 5mm float glass of Jiangsu Huarun is 1600 yuan/ton, with good shipment and normal inventory; In North China, the ex factory price of 5mm safe float glass in Hebei is 1384 yuan/ton, with slow shipment and low inventory; In Central China, the ex factory price of 5mm float glass in Wuhan Changli is 1500 yuan/ton, the shipment slows down and the inventory is normal; In South China, the ex factory price of Jiangmen China Resources 5mm float glass is 1580 yuan/ton, the shipment is OK, and the inventory is normal

summary and forecast

from a comprehensive point of view, the prices of manufacturers in major regions are still at a high level due to price hikes. 2013 is coming to an end, and some manufacturers have begun to take the initiative to reduce prices. They are concerned about the impact of this move on market confidence. With the deepening of the off-season demand, the temporarily stable spot prices will still decline. Fg405, the main contract of glass futures of Zhengshang exchange, continued to consolidate sideways today, with a small increase in positions. The spot price of Shahe is still strong in the short term, but the warehouse receipt of Shahe delivery plant has not appeared yet, and it is difficult to realize the spot arbitrage of fg401 short-term contract in recent months. In terms of operation, the main contract shocks are weak, and the short-term operation is temporary within the shock range

(Xueyong of good luck futures) the content of this article is for reference only and does not constitute investment suggestions. 3. If the investor does not conduct the experiment for a long time, he/she shall operate accordingly at his/her own risk

Zhonghua glass () Department

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