Glass ** active

Glass ** is the second ** variety listed on the domestic market this year, and the world's first glass ** variety. After being listed on the market last week, it received the attention of all parties.

Although the overall decline in the domestic market, the glass ** ended the first trading week, but the trading volume far exceeded market expectations. Looking back at the past week, the price of glass glazing on the first day was 1,420 yuan, of which the opening price of the main contract on the first day of the listing was 1,318 yuan, which was more than 7% lower than the listing price, which was more than 7%, but both parties were active on the day. As a result, the trading volume reached more than 720,000, and the open interest exceeded 80,000 hands. Last Tuesday, the main contract glass ** opened at 1,309 yuan, to close at 13,11 yuan, intraday below the integer mark of 1300 yuan. The transaction volume reached 1.38 million, and the open interest increased by more than 80,000 lots to 160,000 lots, showing that the funds were accepted into the market positively. On the second day after the listing, glass ** became the third largest product after soybean meal and rebar, with a total volume of 1.387 million hands. The third largest trading product in the futures market, which is rare after the listing of new varieties. Last Wednesday, affected by the overall market sentiment, glass transactions continued to be hot. The main contract volume reached 1.52 million lots, and the open interest amounted to 148,000 contracts.

On Thursday, although the main glass contract fell again, the trading volume still exceeded more than 1 million contracts, and the open interest rate was maintained at more than 160,000 contracts. On Friday, the turnover and open interest of the glass ** declined, but the transaction was still hot. The glass ** turnover on the day was 908,000 hands, and the open interest was also maintained at the high level of 140,000 hands. According to statistics released by the Zhengzhou Commodity Exchange later this week, glass ** turnover was 147.3 billion yuan last week, with a volume of 5.526 million lots, and the daily average volume reached 11.12 million lots. Although in the first week of trading, the average daily glass volume did not maintain the top three positions, but its activity has been with soybean meal, rebar, natural rubber, silver, PTA, sugar, cotton and other star varieties. The situation of the big contract has already taken off.