Insiders pointed out that the recent construction of new production lines in North China has been ignited and put into operation, which has continuously increased the supply pressure of the industry, resulting in different degrees of decline in float glass prices in various regions in the middle of this month. In terms of new capacity, online production capacity increased by 4,450 tons/day in the middle of this month, and new ignition capacity was 3,600 tons/day. It is reported that in order to avoid future inventory pressure, manufacturers have taken measures to reduce the location.
At present, the national float glass inventory has been digested to 16.1 million heavy boxes, and the average price has dropped back to 93.86 yuan / weight box. In terms of regions, the price of glass in Beijing is slightly lower in this quarter. It is expected that prices will fall and fall in the future. The price of Qinhuangdao market is stable, but Qinhuangdao North Glass Group expects to delay the production of two production lines in this period to 8 -In October, it is expected that the market price in Qinhuangdao area will still fall to a certain extent in the future; the price in Guangzhou will continue to decrease in the present day. Due to the rainy weather, the market demand will be lowered. It is expected that the market price in Guangzhou will also be lowered in the future; Recently, cement prices in Shanghai have been stable, with only minor fine-tuning. However, as the East China region gradually enters the Meiyu season, it is expected that prices will continue to decrease in East China in the future; in the near future, shipments and inventories in Henan are basically the same as in the first half, only some varieties. The price is fine-tuned and it is expected that the current stable trend will continue in the future.
The industry believes that the downward trend of the float glass industry in the short to medium term has emerged. First, from the perspective of production capacity, new production lines will be put into operation one after another, which will significantly increase the future supply of the industry. This new ignition of 6 float glass production lines led to a sudden increase in industry supply. Second, from the perspective of demand, the South China region of East China will gradually enter the low season of traditional consumption in the glass industry, and the rainy season will also affect the demand for float glass. Analysts expect that the supply pressure of the industry due to the centralized production of new float glass production lines before the "9-30" last year will increase significantly. In the context of the impact of real estate regulation, the industry will be after the second half of the year. The price trend of float glass is cautious.
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