The hottest price slightly warms up, and the fatig

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The price has warmed slightly, and the fatigue of the glass market is difficult to change.

after nearly two months of painful decline, the price of flat glass has stopped falling and stabilized. On July 1, glass enterprises in East China raised the price by 2 yuan/heavy container

insiders revealed that the price rise was the result of the East China Glass seminar held in Bengbu, Anhui Province on June 30. The results of the penetration test conducted by Boyi according to DIN EN ISO 6603 (2) standard show that the long-term decline in the market price of glass has seriously overstocked the profit space of glass enterprises, and the rising upstream energy and soda ash prices have also greatly increased costs. At present, when demand is picking up, you may not have heard that glass enterprises have launched a price defense war in a hurry

industry experts also expressed concern about the sustainability of this price defense war. After all, the monthly output of flat glass has reached the highest monthly level over the years, and the heavy pressure on production capacity has seriously affected the balance of supply and demand in the glass market

prices stopped falling and stabilized

on July 1, except for the price increase in eastern China, the market response in North China was relatively positive, and inventories decreased. However, the southwest and Northwest were relatively flat as a whole, and the price was stable. The shipment in South China was not ideal due to the weather, and some were reduced by 4 ~ 5 yuan/heavy box

the "China glass composite index" released on June 30 was 1227. 237 points, although a year-on-year decrease of 52. 636 points, but up 0 month on month. 278 o'clock. The "China glass price index" is 1250. 477 points, a year-on-year decrease of 107. 858 points, up 0 month on month. 349 o'clock. Experts said that in the changes of various indexes in this period, prices in other regions began to rise, but prices in weather affected regions in South China fell

in fact, the decline in glass prices in most regions slowed down in early June. Prices in Qinhuangdao fell more in the early stage, but the recent decline has slowed down, while most manufacturers in North China and Beijing have canceled preferential policies. Market confidence in Central China has increased and demand has increased slightly. Enterprises in East China have temporarily taken a cautious attitude towards price changes. Some enterprises have increased the price by 1 yuan/heavy container or cancelled the discount, and the market demand and price in Southwest China are basically stable

in the middle and late June, the glass market in South China also went out of a small upward trend. The manufacturers increased the price by 2 yuan/heavy box, and the prices in the surrounding areas also increased by 1 yuan/heavy box. The low price of first-class products in the region was 80-84 yuan/heavy box, and the high price was about 90-92 yuan/heavy box

the glass market has rebounded slightly for two weeks. Industry experts believe that the current demand has rebounded slightly. In June and July, many real estate projects entered the decoration stage, and manufacturers took advantage of the situation to raise prices to boost market confidence

heavy production pressure

the reason for the long-term weakness of the glass market is that the production lines put into production last year and this year are too centralized, and the production capacity release is self-evident. The monthly output of flat glass has reached the highest monthly output over the years. At present, the production capacity pressure of China's glass market is still heavy

according to the latest flat glass analysis data, from January to may, the national flat glass output was 300million weight boxes, an increase of 12% year-on-year. 3%。 The growth rate was 1% faster than that from January to April. 5 percentage points. In May, the output of flat glass reached 64.26 million weight boxes, a year-on-year increase of 14. 3%, which is the highest monthly output over the years. The monthly output of flat glass has reached the highest monthly output over the years for three consecutive months

in terms of the main production areas of flat glass in the past five months, the output of flat glass in Hebei, Shandong, Jiangsu, Guangdong, Hubei and Sichuan exceeded 20million weight boxes, of which the output of flat glass in Hebei reached 57.13 million weight boxes of hydroxyapatite with good biocompatibility, and the output of flat glass in Shandong and Jiangsu was also more than 30million weight boxes

from the perspective of sales, the sales rate of flat glass products in the first five months of this year is still at a relatively low level, and the pressure of excessive output growth is still prominent. From January to may, the sales rate of flat glass products in China was only 93. 7% in the case of high humidity conditions in the south, down 2% year-on-year. The sales rate of flat glass products in Hebei, Shandong, Jiangsu, Guangdong, Hubei and Sichuan fell by 6 percentage points. Among them, the sales rate of flat glass products in Guangdong and Hebei fell significantly, down 6% year-on-year respectively. 1 and 3. 2 percentage points

due to the impact of the Japanese earthquake, the demand side is constrained in the production of parts and components in Japan, resulting in the production of finished vehicles. Compared with the year-on-year decline in automobile sales in April and other factors, the demand for glass raw sheets for automobile deep processing has declined, while building glass enterprises are subject to the decline in the demand for construction commencement

the demand side shrank slightly, while the supply side continued to expand. By the end of April, 10 float glass lines had been put into production this year. By the end of May, there were 252 float glass production lines nationwide, with a daily melting volume of 13. 40000 tons, a year-on-year increase of 18. 88%。 Excluding the production line that is put out of service, the actual daily melting volume is 12. 10000 tons, a year-on-year increase of 25. 06%。

according to incomplete statistics, 22 production lines are planned to be put into operation in the second to fourth quarters of this year. Considering the elimination of 26million heavy containers of backward production capacity, the total production capacity will still increase by 0 in the 11th quarter. 9.4 billion heavy containers. Most enterprises are still building ordinary float glass production lines under the name of ultra-thin and ultra white glass, causing huge pressure on the supply of glass production capacity

market fatigue is difficult to change

whether the glass market can get out of the downturn is the most concerned issue in the industry. However, experts believe that in the short and medium term, the trend of float glass is still not optimistic

the continuous and unrelenting real estate regulation policy makes manufacturers more pessimistic about future demand, and it is difficult for the demand side to expand in the short and medium term. On the supply side, according to the internal survey data made by relevant departments, 11 production lines have been put into operation since the beginning of the year, and 10 are expected to be put into operation in the second half of the year. However, it is not ruled out that due to the rapid decline in the profitability of the industry, some manufacturers have postponed the production time of new lines to next year. But at present, the pace of capacity deployment is still very fast

at the end of June, although glass prices rose slightly in many regions, the national float glass inventory increased significantly compared with the past, reaching 18.37 million weight boxes

analysts at CITIC Securities believe that the market prospect of float glass in the medium and short term is still not optimistic. Heavy rainfall is common in East and South China, and the demand for glass will be impacted. At the same time, the high-pressure policy of real estate regulation will continue to have a certain impact on real estate development investment, construction and completion area, and this negative impact will begin to reflect in the second half of this year. The decline in the growth rate of float glass demand may be gradually increasing

at present, the concentration of the glass industry is still low, and the synergy effect of enterprises is weak. When the supply side changes, the price fluctuation will be more intense than that of other industries. Moreover, the continuous rise of energy and soda ash prices will further squeeze the profitability of glass enterprises

analysts at Xiangcai securities also said that the demand for building glass will remain sluggish in the future, and the rising cost will continue to squeeze the profit space of enterprises. The prosperity of the industry in some regions has improved, but the overall pattern has not improved

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