Yesterday, the glass 2309 contract continued its upward trend, closing at 1747 yuan/ton, up 51 yuan/ton, or 3.01%. In terms of spot goods, the national average price was 1871 yuan/ton yesterday, with a month on month increase of 10 yuan/ton. The prices of some brand boards in the Shahe market increased, while some enterprises in the East China market increased. The production and sales in the Central China market were decent, while the South China market remained stable. Overall, recent glass production and sales have continued to rise, and with low inventory in the middle and lower reaches, there has been a similar replenishment action in March, which has driven up the spot price of glass. There is some support for short-term spot glass prices. The rise in glass prices has also given glass higher profits, and the supply side is showing an increasing trend. But currently, downstream deep processing orders have not seen a fundamental improvement, and further observation is needed to determine whether the real estate policy can truly increase the demand for glass. The overall situation of glass will still present a near strong and far weak pattern, and we will pay attention to the subsequent production and sales of glass and the strength of real estate policies.
