Glass futures fell more than 8% after falling for two days in a row

On January 31, the glass 2305 contract closed at 1608 yuan/ton, closing down 4.11%, and the intra-day position increased by 80654 hands.

Glass 2305 contract today, the top 20 seats more than a single increase of 34,062 hands to 474,000 hands, empty orders increased 50738 hands to 599,000 hands, the overall net 125,000 hands.

As far as empty orders are concerned, Guotai Junan Futures, Haitong Futures and Topix Futures have increased their positions more today.

As far as more orders are concerned, Huishang Futures and Galaxy Futures have increased their positions more today.

It is worth noting that Guotai Junan seat, after the festival, the futures price fell sharply for two consecutive days, and its net short position increased by more than 65,000 hands. At present, it holds 92,000 net short positions, ranking first in the net short position list.

Data show that in the past two months, the net position of Guotai Junan seat is positively correlated with the price trend of glass 2305 contract to a certain extent.

Overall, the top 20 institutions of the glass 2305 contract showed a trend of entering the market today, and the strength of short entry was significantly stronger than that of long entry in the past 2 days. In addition, the price of glass 05 contract fell by more than 8% for two consecutive days after the festival, and the total position increased by more than 150000 hands, which may indicate that the game will continue to intensify in the later period.