In the off-season market expectation of the third week of January, the social inventory is low
this week, the glass spot market presents typical off-season characteristics, the production and sales of production enterprises have fallen month on month, the market transaction price has also loosened, and the market sentiment is flat. Affected by the reduction of demand in the end market, the product prices of production enterprises began to adjust to maintain a better production and marketing rate as far as possible. At the same time, in order to reduce the entry of foreign glass, the willingness of local production enterprises to adjust prices is also increasing. Moreover, the impact of emergencies on the delivery of production enterprises in the northern region has not been lifted temporarily, and the operating rate of some deep-processing enterprises in the northern region also has a certain impact. The social inventory of traders and processing enterprises is relatively low
from the perspective of regional conditions, the market price in Central China continues to be adjusted, mainly to increase outbound; Price adjustment of some manufacturers in North China in South China and East China; In the early stage, the winter storage price in Northeast China also changed
in terms of capacity, there was no capacity change this week. The 900 ton Yujing third line in Benxi, Liaoning Province, which was ignited in the early stage, is expected to be produced by the beginning of next month, and white glass for construction. The 700 ton cold repair of Wuhan Mingda glass production line has been completed, and it is expected that there will be a plan to resume production on the 28th. The trend of each region is as follows:
East China:
the overall trend of the glass spot market in East China this week is general. The production enterprises mainly increase the outbound and withdrawal funds, and the market sentiment is poor. The adjustment of spot market prices in central and southern China has a great impact on market confidence in eastern China. At the same time, recently, the entry volume of glass from other cities in Central China, Northeast China and North China has also increased to a certain extent, which has formed a certain pressure on the outbound of local production enterprises. Judging from the recent orders of processing enterprises, domestic building decoration orders and foreign trade export orders performed generally, showing the demand trend of the off-season market. On the whole, the inventory of production enterprises has increased month on month, and the price in the spot market also has certain pressure. However, the social inventory of traders and processing enterprises is very low
South China:
the overall trend of the glass spot market in South China this week is general. Production enterprises continue to increase outbound and withdrawal funds, and market confidence is flat. Generally speaking, there is still a certain market demand in the near future, and the speed of glass procurement by processing enterprises is acceptable. However, the entry volume of glass from other cities has also increased recently, which puts great pressure on local manufacturers. Market demand can also continue until the beginning of next month
central China:
recently, the delivery pressure of production enterprises in Central China is relatively high, and the orders of local processing enterprises are flat. There is also pressure on the number of sales to foreign areas. Therefore, since the beginning of the month, the adjustment range of spot market prices in Central China has been relatively large
North China:
this week, the glass spot market in North China has undergone a relatively large adjustment, and the marketing efforts of production enterprises are relatively large, which also has a great impact on the markets in other regions. With the liberalization of road transportation, some regional production enterprises are willing to strive for more delivery at the current time. Especially the marketing of surrounding markets. Therefore, the marketing policies of production enterprises have been significantly adjusted. At the same time, some manufacturers in Beijing Tianjin Hebei region and Northeast China have also significantly adjusted their marketing policies. It is expected that other manufacturers will follow up in a certain proportion and range in the later period to maintain normal delivery
Southwest China:
the overall trend of the glass spot market in Southwest China this week is weak, the delivery of production enterprises has not changed much, and the market transaction is OK
Northeast China:
the overall trend of the glass spot market in Northeast China this week was poor, the pressure on the delivery of production enterprises increased, and the market transaction price was loose
Northwest China:
this week, Bojin min in Northwest China explains the new trend of household appliance materials. The overall trend of the spot market of glass is weak, and it is fixed on the column 12 with a small handle. The delivery pressure of production enterprises is large, and some market demand has basically stagnated
future overview:
data released by the National Bureau of statistics showed that the output of flat glass in December 2020 was 83.78 million heavy boxes, an increase of 2.4% year-on-year; In January, the cumulative output of flat glass was 94.572 million heavy boxes, an increase of 1.3% year-on-year. On the whole, the general trend of the recent glass spot market is weak, the market shows a trend of off-season, and the operating rate of processing enterprises has also weakened slightly. At the same time, the impact of emergencies in the northern region will also have a greater impact on the delivery of production enterprises and local market demand. Countries will eliminate the role of water penetration technology in the process of steel production. From the perspective of social inventory of deep-processing enterprises and traders, it is at a low level, and there is a plan to replenish inventory in the later stage. During the impact test of the same sample from high to low temperature, some production enterprises in northern China have begun to launch certain marketing policies, which are expected to play a role in the later period
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