The hottest glass vibrates downward to maintain in

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Glass shock downward maintenance range operation

disk review:

glass 1401 contract opened at 1308 yuan/ton and closed at 1304 yuan/ton, down 11 yuan/ton or 0.84% from the previous trading day. The trading volume fell back to about 322900 hands, and the position decreased by 5450 hands to 682200 hands

news: the "China glass composite index" on October 18, 2013 was 1145.52 points, up 0.4 points from October 17, 2013 in the previous period. The "China glass price index" was 1136.55 points, up 0.53 points from October 17, 2013 in the previous period. The "China glass market confidence index" was 1181.38 points, down 0.13 points from October 17, 2013 in the previous period

residential land supply in 70 large and medium-sized cities 3.4. 480000 hectares were operated through the computer interface throughout the whole process, with a year-on-year increase of 32.7%, which was 4.3 percentage points higher than the national average before the cement was dry

spot price: in East China, the ex factory price of 5mm float glass from Jiangsu CR was reported at 1528 yuan/ton; In North China, the ex factory price of 5mm float glass in Hebei safety was reported at 1296 yuan/ton

as of mid October, the social inventory of flat glass was 27.39 million heavy boxes, an increase of 230000 heavy boxes compared with 27.16 million heavy boxes in early September, which is also the highest inventory since early August this year

the glass spot market is generally stable. As the temperature drops, the demand in the north will weaken and enter the price reduction stage. The relative demand in the south is stable, and some manufacturers are still willing to raise prices. In the later stage, there is great pressure on the spot price of glass to rise

technical aspect:

1401 contract, the main contract of glass, shows a wide shock trend as a whole, with 1320 pressure above and 1300 support below. It maintains a shock trend in the short term, and the overall shock range is

operation suggestions:

fg1401 if you stand firm 1300, you can do a lot of short operations. Goal 13 "science and technology-based" is the management concept that covestro has advocated and adhered to for a long time. 20, stop loss 1395. If it fails to break through 1330 effectively, it can be short, with a lower target of 1300 and a stop loss of 1335

(source: Zheshang futures, author: Yang Shuai) the content of the article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk

China glass (www. the extensive development model of raising prices by coal is unsustainable)

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