Qinhuangdao Aohong Glass co.,ltd

Glass market supply and demand contradictions ease

publisher: AoHong
Time: 2019-10-08
Summary: This week, the overall trend of the glass spot market in East China is general, and the production and sales of production enterprises have not changed much. The prices of production enterprises in some regions have increased.


Glass market supply and demand contradictions ease


This week, the overall trend of the glass spot market in East China is general, and the production and sales of production enterprises have not changed much. The prices of production enterprises in some regions have increased. Overall, the spot price has risen since mid-August, and the current price has changed significantly. For downstream processing companies, it is not fully transmitted to real estate companies. At the same time, the situation of tight capital of real estate enterprises has not been significantly improved in the short term. The production and sales of glass spot enterprises are basically balanced, and some manufacturers have a small change in inventory. The news that some production lines in North China are restricted or closed will have a certain boost to the production enterprises in East China and other regions. Overall, the current orders of processing enterprises increased slightly.


This week, the overall trend of the glass spot market in South China is general, and the production enterprises mainly focus on increasing the outbound and returning funds. The three production lines of the early ignition and resumption of production have basically been produced normally, increasing the supply pressure in the region. The new production line in the Fujian area, which has been constructed in the early stage, has suspended the ignition due to the capacity index. At present, the orders of processing enterprises in South China are still acceptable, and the quantity of purchased glass maintains the previous level. The recent production enterprises in Central China are generally out of stock. Some manufacturers have increased their stocks after the Mid-Autumn Festival, and the market prices are slightly under pressure. Local processing companies have orders in general, with limited ring increments.

This week, the overall trend of the glass spot market in North China is still acceptable. The production and sales of production enterprises have maintained the previous level. The overall market price has risen and confidence is acceptable. At present, the inventory of production enterprises and traders in the Shahe area are at a normal low level. Regarding the suspension of production in some production lines, there is no obvious progress for the time being, and there is a certain impact on the confidence of local and other regional markets. In view of the relatively large local environmental protection pressures and the consideration of political achievements, it is expected that some of the production lines will be closed at a later stage. Some manufacturers in the Beijing-Tianjin-Hebei region have increased their quotations, and some production lines have recently stopped production.


Market overview:


According to data released by the National Bureau of Statistics, the output of flat glass in August was 78.88 million heavy boxes, an increase of 5.1% year-on-year; the output of flat glass in January-August was 617.52 million heavy boxes, an increase of 5.2% year-on-year. This week, two production lines were cold-sold and discontinued, reducing the annual production capacity by 9 million heavy boxes. After the spot price has risen since mid-August, the current market price has changed to some extent. There is a need for downstream processing companies to have a process of digestion. The recent slowdown in the production of production companies in some regions is also due to changes in regional price differences. The suspension of production in some northern regions has a relatively large impact on the trend of late spot prices. The specific progress depends on the intensity of implementation and the progress of environmental protection.


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