Boduo: Glass futures prices fluctuate and rebound, with fundamental contradictions unresolved

Today, glass futures prices mainly rebounded with fluctuations. On the macro level, policies to stabilize real estate growth continue to be strengthened, combined with expectations of the traditional spring peak season, providing emotional support to the market. This round of rebound is primarily driven by expectations and oversold recovery; the core contradictions between high inventory pressure in the fundamentals and weak terminal demand have not yet been alleviated, limiting the sustainability of the rebound. It is expected that the short-term glass market will maintain a range-bound fluctuation pattern, with subsequent focus on tracking the realization of real estate demand, the effect of inventory reduction, and the progress of cold repair production lines. (Poly Glass)