Glass Composite Index: The "China Glass Composite Index" is 867.61 points, a decrease of 0.02 points from yesterday; The "China Glass Price Index" is 862.89 points, a decrease of 0.15 points from yesterday; The confidence index of the Chinese glass market is 886.51 points, up 0.53 points from yesterday.

News: National Development and Reform Commission: The upward trend of housing prices in some first tier cities has been effectively suppressed, and the construction of urban comprehensive transportation networks has been accelerated, with the development of 100 new smart cities.

Spot market: Glass spot prices in various regions have remained stable, with an average price of 1169.56 yuan/ton for 5mm float glass, a slight increase from last week. The average ex factory price of light soda ash in key enterprises is 1431.67 yuan/ton, which remains stable at a high level and provides strong support for glass prices. After the Spring Festival, the price of heavy oil remained stable without any fluctuations.

Production lines and inventory: This week, there were a total of 350 float glass production lines with a total production capacity of 1.244 billion weight boxes. 218 production lines were put into operation, with a production line operating rate of 62.29%, a decrease of 2 production lines compared to last week; The production line inventory is 34.7 million weight boxes, a decrease of 240000 weight boxes compared to last week.

Operation strategy: The main glass contract 1609 opened high and fluctuated upwards, with an opening price of 1010, a high price of 1033, a low price of 1003, and a closing price of 1021. The position held was 191432 lots, with an increase of 436 lots. The momentum growth was not significant; The daily K-line oscillates near the upper Bollinger Bands, and opens high and moves high in the evening session. Therefore, in the short term, it is recommended that investors operate with a focus on technical operations, light positions, buy on dips, and pay attention to risk control.