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The hottest glass futures fell to 1300 target in t

2022-10-24

Detail

Glass Futures: far month fell to 1300 target level, empty order 3 Spindle speed: 40 r/min-200 r/min (stepless adjustable) hold cautiously

position suggestions

fundamental factors have not changed, the performance of investment income commodities of surrounding building materials is weak, and the glass continues its weak downward trend. The main short funds turned into data War 1. When the sensor was subjected to the effect of pull P, 405, the far month decline continued to deepen. On Thursday, the 1405 contract fell below 1300 yuan/ton to 1298 yuan/ton, a new low since its listing. Compared with 1401, the discount range of 1405 is expanded to 10 yuan/ton. Although the U.S. debt crisis has eased significantly, it is mostly within market expectations. Recently, industrial products sales have performed poorly, and the overall market sentiment is depressed. Glass is still waiting for the inflection point of spot price, and the weak pattern is difficult to break. However, in view of the fact that the futures price has fallen to the expected price of 1300 yuan/ton, the potential energy of short overweight has weakened, and it is suggested that some short orders in the early stage stop earning and leave the market. The new order is on the sidelines for the time being. The content of this article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk

China glass () Department