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Shouchuang Futures: Cost increases, more deep-processing orders, and the lifting of the glass futures price center of gravity
Recently, the price of soda ash has rebounded from low levels, and deep-processing orders have increased month-on-month, providing some support to the futures price of glass. After a sustained decline earlier, the futures price of glass has experienced a technical correction. However, the overall new order volume has not met expectations, and raw glass producers still face significant inventory pressure, which may limit the rebound potential of glass futures prices. Pay attention to cost price trends, downstream order situations, and production line changes. (First Capital Futures)