According to Futures Daily, macroeconomic expectations saw a marginal improvement entering June, causing glass futures prices to rebound briefly from lows; however, the downstream real

According to Futures Daily, the domestic glass market is currently characterized by a "weak balance" involving low supply, weak demand, and high inventory levels. Following

Macroeconomics 1. [Reverse Repo] The central bank will conduct a 500-billion-yuan outright reverse repo operation with a three-month term on June 5. With 800 billion RMB

Macroeconomics 1. [The Fed] Federal Reserve Governor Cook stated that the Fed stands ready to cut interest rates should the labor market deteriorate; conversely, it is

Macroeconomics 1. [MLF] The People's Bank of China (PBOC) released an announcement regarding its May Medium-term Lending Facility (MLF) tender. To maintain ample liquidity within the

Macroeconomics 1. [US PMI] The U.S. S&P Global Composite PMI Output Index for May stood at 51.7, unchanged from April; however, the overall pace of economic

Macroeconomics 1. [US CPI] The U.S. Consumer Price Index (CPI) rose 3.8% year-on-year in April—marking its highest level since May 2023—and significantly exceeded market expectations of

This week, the glass market exhibited a pattern characterized by limited supply contraction, accumulating high inventory levels, persistently weak demand, and price fluctuations within a

Macroeconomics 1. [Industrial Enterprise Profits] National Bureau of Statistics: From January to March, industrial enterprises above a designated size nationwide realized total profits of 1,696.04 billion

As we enter late April, the domestic glass market is characterised by a dual-weakness pattern: a stagnant flat glass market and an accelerating decline in

Macroeconomics 1. [Industrial Capacity Utilization Rate] National Bureau of Statistics: In the first quarter of 2026, the national industrial capacity utilization rate for enterprises above designated

Macroeconomics 1. [M2] Central Bank: As of the end of March, the balance of broad money (M2) stood at 353.86 trillion RMB, a year-on-year increase of

As of April 2026, the float glass market continues to trade at low levels, with cost reductions and weak demand creating a stark tug-of-war. According

Although this is typically a critical period for a rebound in glass demand, the market is showing signs of sluggishness despite being in the peak

Macroeconomics 1. [BCI] In March 2026, the SunSirs Commodity Supply and Demand Index (BCI) stood at 0.64, with an average growth rate of 20.53%. 2. [Light Industry

On March 24, according to the China Trade Remedy Information Network, on March 20, 2026, the Mexican Ministry of Economy issued a final anti-dumping ruling

Recently, as the impact of geopolitical tensions in the Middle East has intensified, international energy prices have risen across the board, providing some support for

I. Strengthening Cost Support Leads to Short-Term Uptrend Glass prices are supported by expectations of rising energy costs, such as crude oil and petroleum coke, leading

Spot glass prices: Shahe quoted at 1,040 RMB/ton (unchanged from previous trading day). Ongoing geopolitical tensions may disrupt glass prices in the near term. Supply and