The downstream demand of the hottest glass weekly

2022-10-23
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Weekly report of glass: the downstream demand has not been recovered, and the downstream demand for light warehouse test of glass has not been recovered. The glass futures price fluctuated and rose last week. After the 10 day moving average support was effective at the beginning of the week, it broke the 5-day moving average and was suppressed. The three-day test items: static load, tension, contraction, twists, shear, stripping and other mechanical properties. The price opened higher and went higher, and broke the 60 day moving average strongly. There was a small counter load in the second half of the week The measurement and control of displacement have high accuracy and sensitivity. Technically, the futures price has been repeated at the key resistance level of 1310 yuan/ton. In the absence of basic support or weak upward movement, it is suggested that investors can test short positions with light positions and stop losses of 1320 yuan/ton. The content of this article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk

China glass () department

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