In the early stage of abnormal analysis (20220210) in the glass and soda ash disk, the valuation of glass and soda ash futures prices was at a low level, and at present, in the case of expected improvement in demand, the futures price is strong

Abnormal dynamic analysis in glass and soda ash plate (20220210)

In the early stage, the valuation of glass and soda ash futures prices was at a low level, and at present, in the case of improved demand expectations, the futures prices have warmed strongly, and the prices of glass and soda ash have risen hand in hand. From a fundamental point of view, the supply side is relatively rigid, the temporary change is not large, the state's strong support for the infrastructure sector coupled with the Ministry of Industry and Information Technology said that in 2022 will fully promote the development of new energy vehicles to a higher level, the future of the automotive glass market in the medium and long term demand to form a support. According to the seasonal law, the situation of deep processing orders in the first half of the year may have a significant improvement, and the downstream deep processing start time in most areas is mostly concentrated around the fifteenth day of the first month, and the demand side may be supported. In terms of inventory, the current glass factory library is at a relatively neutral level, the inventory pressure is significantly slower than in the previous period, in the context of stable supply level and demand improvement compared with the previous period, the inventory in the first half of the year is still expected to continue to go.