Shouchuang Futures: Inventory Slightly Reduced, Bottle Chip Futures Maintain High Levels

On the supply side, this week the bottle chip factory’s operation slightly declined. The Sanfangxiang 750k-ton plant is planned to restart around mid-March, while another 250k-ton plant is scheduled for maintenance shutdown in late February. Cost fluctuations are intense, and the cash flow of bottle chips has improved compared to the end of last month.
On the demand side, domestic terminal operations are gradually recovering, with spot transactions mainly driven by immediate needs. Buyers are cautious about high-priced raw materials, and market trading atmosphere has slightly cooled.
In summary, it is expected that short-term bottle chip futures prices will mainly follow cost fluctuations, with attention to geopolitical situations and changes in shipping costs. (First Capital Futures)

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