The battle between bulls and bears suggests that float glass prices are unlikely to break through their current resistance level in the near future.
Market Analysis of Float Glass
Today, the domestic 5mm float glass market remained generally stable, with only minor adjustments observed in certain regions. The trading atmosphere improved in the North China market, where some enterprises in Shahe raised their quotes by 10 yuan per ton; the South China market showed weaker performance, with several companies offering preferential policies for used products and demonstrating strong sales intent; other regions primarily focused on maintaining stable prices and selling inventory, with most enterprises reporting average sales volumes and no significant improvement in demand. Downstream buyers mainly purchased goods for essential needs, leaving room for price flexibility in market transactions.
Index Analysis of Float Glass
According to calculations by Boduo Data, the float glass price index stood at 991.82 on June 24, up 1.61 points (0.16%) from the previous working day.
Market Analysis of Float Glass
Today, the domestic 5mm float glass market remained generally stable, with only minor adjustments observed in certain regions. The trading atmosphere improved in the North China market, where some enterprises in Shahe raised their quotes by 10 yuan per ton; the South China market showed weaker performance, with several companies offering preferential policies for used products and demonstrating strong sales intent; other regions primarily focused on maintaining stable prices and selling inventory, with most enterprises reporting average sales volumes and no significant improvement in demand. Downstream buyers mainly purchased goods for essential needs, leaving room for price flexibility in market transactions.
Index Analysis of Float Glass
According to calculations by Boduo Data, the float glass price index stood at 991.82 on June 24, up 1.61 points (0.16%) from the previous working day.
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