July 10, the People's Bank of China and the State Administration of Financial Supervision and Administration issued a circular on extending the policy period of financial support for the steady and healthy development of the real estate market. The circular requires that all financial institutions should earnestly implement the requirements of the document, implement policies to support rigid and improved housing demand according to the city, maintain reasonable and moderate real estate financing, increase financial support for guaranteed delivery, promote market-oriented clearing of industry risks, and promote the steady and healthy development of the real estate market.
Under the above circumstances, the expectation of real estate completion tends to be optimistic. Glass is an important building material used in the completion of real estate, and the glass futures market was driven by the news.
From the industry point of view, due to the continuous high temperature of Meiyu, the market's early expectations for the spot market in July are weak. However, from the perspective of high-frequency production and sales data, the recent overall sales situation is better than market expectation, and glass should be treated with more ideas at low prices; at the same time, the expected improvement of the real estate market remains to be observed, and new investors should not chase high prices. Next, we need to continue to track the progress of glass production capacity recovery and the marginal changes in the real estate market, especially at the completion end of the real estate market, with the pressure level above the main contract near 1700 yuan.
浙公网安备33010802003254号