Shouchuang Futures: reducción de costos, precios de futuros de botella de vidrio en niveles altos y con oscilaciones

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On the supply side, major bottle chip manufacturers announced force majeure and reduced supply under long-term contracts, leading to a significant increase in spot prices for bottle chips and strengthening of the basis. Domestic trade orders from March to May were concluded at 9000-9200 yuan/ton, with factories noticeably raising export quotes. The shipping speed of bottle chip factories has accelerated, maintaining low inventory levels.
On the demand side, domestic terminal operations are gradually recovering, with spot transactions primarily driven by essential demand. Due to the announcement of force majeure by major bottle chip manufacturers and the reduction of contracted goods, prices in the Asian polyester bottle chip export market have risen sharply, with downstream buyers chasing higher prices to replenish stock.
In summary, the announcement of force majeure by factories has triggered a surge in export prices. However, adjustments in cost prices have led to a decline in bottle chip futures prices. It is expected that bottle chip futures prices will experience high-level fluctuations in the short term, with attention to geopolitical situations, facility changes, and fluctuations in shipping costs. (CICC Futures)

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