Some East China glass enterprises have stopped production due to unqualified desulfurization and denitrification
Publishdate：2015-07-06 Views：15
Although the real estate data from January to February was poor, the market performance remained stable on the 12th with a slight increase. The main contract 1506 was opened at 917 yuan/ton, with a high of 928 yuan/ton and a low of 915 yuan/ton, up 0.9% from the previous trading day and closing at 926 yuan/ton. Far month is slightly stronger than near month, opening at 917 yuan/ton, up 1.1% from the previous trading day and closing at 926 yuan/ton. The distant and near months are once again flat.
There is not much change in spot prices, with stability in the Shahe region being the main focus. With a cumulative decrease of 30 yuan, there has been an improvement in outbound shipments. There has been little change in the East and South China markets, with some companies experiencing slight increases. In the Shanghai region, Linyi China Glass rose by 16 yuan, while Beijing Hebei South Glass rose by 16 yuan. Considering the significant reduction in Shahe prices, it may have an impact on the recent price increase in the East China market in the future.
According to Glass Information Network, some East China enterprises are currently facing strict scrutiny from the environmental protection department. Due to their inadequate desulfurization and denitrification, they have been ordered to shut down their kilns and are undergoing maintenance of environmental protection equipment. The North China region may also face environmental remediation in the future. Under environmental pressure, the exit of production capacity is expected to accelerate.
On the 12th, there was some improvement in the outbound volume of Shahe, and the overall trend of the South and East China markets was still good. The current price remained stable, with a slight increase in the futures price. However, after being rotated to replenish inventory, traders have accumulated some inventory, and future changes in current prices are more subject to real market demand tests. If there is no improvement in the short-term fundamentals, it is recommended to have a short bearish period when the market is high. Although the real estate data from January to February was not good, considering the lag of monetary easing policy on the real estate market, the improvement of demand in the long term, and the withdrawal of production capacity in conjunction with environmental protection measures, we are more optimistic about the long term. Far Moon maintains multiple strategies for maintaining low ranking positions.
Although the real estate data from January to February was poor, the market performance remained stable on the 12th with a slight increase. The main contract 1506 was opened at 917 yuan/ton, with a high of 928 yuan/ton and a low of 915 yuan/ton, up 0.9% from the previous trading day and closing at 926 yuan/ton. Far month is slightly stronger than near month, opening at 917 yuan/ton, up 1.1% from the previous trading day and closing at 926 yuan/ton. The distant and near months are once again flat.
There is not much change in spot prices, with stability in the Shahe region being the main focus. With a cumulative decrease of 30 yuan, there has been an improvement in outbound shipments. There has been little change in the East and South China markets, with some companies experiencing slight increases. In the Shanghai region, Linyi China Glass rose by 16 yuan, while Beijing Hebei South Glass rose by 16 yuan. Considering the significant reduction in Shahe prices, it may have an impact on the recent price increase in the East China market in the future.
According to Glass Information Network, some East China enterprises are currently facing strict scrutiny from the environmental protection department. Due to their inadequate desulfurization and denitrification, they have been ordered to shut down their kilns and are undergoing maintenance of environmental protection equipment. The North China region may also face environmental remediation in the future. Under environmental pressure, the exit of production capacity is expected to accelerate.
On the 12th, there was some improvement in the outbound volume of Shahe, and the overall trend of the South and East China markets was still good. The current price remained stable, with a slight increase in the futures price. However, after being rotated to replenish inventory, traders have accumulated some inventory, and future changes in current prices are more subject to real market demand tests. If there is no improvement in the short-term fundamentals, it is recommended to have a short bearish period when the market is high. Although the real estate data from January to February was not good, considering the lag of monetary easing policy on the real estate market, the improvement of demand in the long term, and the withdrawal of production capacity in conjunction with environmental protection measures, we are more optimistic about the long term. Far Moon maintains multiple strategies for maintaining low ranking positions.
