The second week of October 2020: the downstream rigid demand is obvious, and the manufacturer's delivery is good
since the National Day holiday, the overall trend of the glass spot market has been in line with expectations, the delivery of production enterprises has remained smooth, part of the previously increased inventory has also been reduced, and the market transactions are relatively active. At present, there are more rigid demands from downstream processing enterprises, and the orders of some processing enterprises have increased significantly month on month. At the same time, real estate and other industries have also increased their recognition of the current glass price on a month on month basis, and glass processing enterprises have been able to purchase and stock goods smoothly. Moreover, after more social inventories of traders were consumed in the early stage, the speed of direct procurement of glass from manufacturing enterprises also accelerated month on month. It is expected to maintain this speed before the end of this month
the average price of white glass for construction nationwide this weekend was 1916 yuan, up 1 yuan month on week and 263 yuan year on year. From a regional perspective, production enterprises in the northern region have reduced inventories more, and their quotations have increased, mainly boosting market confidence; The early price increase in the southern region is relatively large, and the recent trend is mainly stable, with active market transactions. In terms of production capacity, Guangdong Qingyuan CSG third line 700 tons of ignition. The production technology of one kiln and two lines will mainly produce high-quality ultra white glass in the future. Most of the other production lines that ignited in the early stage have been put into production to give full play to their production capacity. Fujian Longtai first-line 900 tons is planned to be ignited in mid November
East China:
the overall trend of the glass spot market in East China this week is good, the delivery of production enterprises remains at a normal level, and the market price is slightly adjusted. During the national day, the factory's warehouse out was slightly affected, and it returned to the normal level in the later stage, and the slightly increased inventory in the early stage was consumed. On the whole, at present, the downstream processing enterprises that take down the samples have full orders, and their enthusiasm for purchasing glass is basically normal. In addition, the relatively high social inventory in the early stage has been consumed, and the number of glass directly purchased from production enterprises has also increased to a certain extent month on month. Recently, Shanghai and other regions have issued policies to increase the market demand for Low-E glass, which has increased the demand accordingly. On the whole, there is more rigid demand in the downstream, and the market confidence has also improved to a certain extent
South China:
since the National Day holiday, the overall trend of the glass spot market in South China is acceptable, the delivery speed of production enterprises has increased month on month, and the market price is mainly stable. At present, the market demand in the south is stable, mainly in the domestic building decoration market. At the same time, the recent foreign trade export orders have also improved to a certain extent. In addition, the transformation of old residential areas in some areas also has a certain market demand for glass and its processed products. Recently, production enterprises in Central China have mainly increased their outbound and withdrawal funds, including local markets and regions such as Zhejiang and Shanghai, where the device is equipped with appropriate self calibration chucks. The market price fluctuates slightly to a certain extent, and the market confidence is acceptable
North China:
since this week, the overall trend of the glass spot market in North China has been good, the inventory of production enterprises has decreased month on month, the market transaction price has increased slightly, and the market sentiment has also improved. During the national day, the manufacturer's inventory increased slightly. After the transportation returned to normal, the ex warehouse was improved month on month. Local processing enterprises have better orders, and the number of exports to surrounding areas has also increased month on month. Mainly in East China and other parts of the country. At present, the inventory in Shahe area has been reduced to a normal low level, and some manufacturers have basically zero inventory. In the early stage, it was rumored that a stopped production natural gas production line in Shahe area had an ignition plan in November, and the industry did not hope for a higher efficiency of electrolyte mass transfer for the time being. As a result, it was mainly related to environmental protection
Southwest China:
the overall trend of the glass spot market in Southwest China this week is good, and the production enterprises mainly increase the outbound and withdrawal funds
Northeast China:
the overall trend of the glass spot market in Northeast China this week was good, mainly with rush orders from downstream processing enterprises, and the market transaction price rose slightly
Northwest China:
the overall trend of the glass spot market in Northwest China this week is acceptable. The production enterprises are mainly based on the local market demand, and the quotation has increased
aftermarket overview:
in the traditional peak sales season of golden nine and silver ten, downstream processing enterprises have the most rigid demand. Since September, the social inventory of traders and processing enterprises has been gradually consumed, so the number of glass directly purchased from manufacturing enterprises has increased recently. At the same time, the downstream real estate enterprises have improved their recognition of the current spot price, which has also increased the speed of placing orders with processing enterprises. Recently, due to the late temperature problem in northern China, some rush orders have also entered rapidly, increasing the consumption rate of the original glass and helping to buy and sell through the online platform. On the whole, the inventory of the glass industry has been better consumed, and the spot price has been effectively supported. At the same time, the rise in the price of upstream raw materials since July is also an influencing factor for the recent stabilization of glass spot prices
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