1、 Price trend
According to the monitoring of the business community, the price of glass in the Spot market is basically stable, and the average price of glass this week is 38.62 yuan/square meter.
2、 Market analysis
The price of glass in the Spot market was basically stable. In terms of regions, in terms of Shahe in North China, the recent stock out situation is general, the market price is more flexible, the manufacturer's inventory has increased, but the mentality is good, and the multi stable price shipment is the main way, and the manufacturer has raised the price sporadically. The Spot market of glass in East China has a weak trading atmosphere, with the delivery rate slowing down, and the quotation is mainly stable. The glass in Central China and South China can be shipped with stable price. The glass shipment in South China is good. The glass price of some enterprises has increased. The downstream rigid demand is the main demand, and the quotation is rising. Glass production in Northeast China is operating steadily, with downstream demand as the main demand. The glass market in southwest China is moving upward, and the market price in Yunnan and Guizhou is rising. The glass market in northwest China has a general trend with little change. Overall, manufacturers prioritize stable prices, while downstream suppliers are in urgent need of procurement, and traders are more flexible in their transactions.
In terms of production capacity, the 700 ton production line of Henan Zhonglian Glass Co., Ltd. was discharged on August 26th this week. Langfang Jinbiao Glass Co., Ltd.'s first line 600 tons of European gray to gray tea were put into production on August 22nd. According to industry statistics, as of the week ending August 26th, the total inventory of glass sample enterprises nationwide was 24.0272 million heavy boxes, an increase of 6.43% month on month and a decrease of 15.64% year on year (under the same caliber, the inventory of sample enterprises increased by 6.93% month on month and decreased by 25.22% year on year), with 11.65 days of inventory. As of August 25, there were 294 domestic Glass production lines (58.1205 million tons/year) excluding zombie production lines, of which 264 were in production, 30 were shut down for cold repair, the operating rate of float industry enterprises was 89.80%, and the capacity utilization rate was 90.40%.
In terms of raw material soda ash, according to monitoring by Business Society, the price of light soda ash has increased this week. Last Friday, the average price of light soda ash was 2225 yuan/ton, and this Friday, the average price was 2312.5 yuan/ton. The price has increased during the week, with a range of 3.93%. Domestic soda ash is relatively strong in operation, and downstream glass prices are strong. However, for soda ash purchased on demand, it is expected that soda ash will be relatively strong in the short term for consolidation.
In terms of liquefied natural gas, according to monitoring by Business Society, the price of liquefied natural gas has risen this week. Last Friday, the average price of liquefied natural gas was 5633.33 yuan/ton, while this Friday's average price was 5703.33 yuan/ton. During the week, the price increased by 1.24%. At present, cost support, domestic liquid prices are operating at high levels, with narrow fluctuations in prices, and actual transaction negotiations are the main focus.
3、 Future Market Forecast
According to the prediction of the business agency, the price of the glass Spot market will be stable and slightly fluctuated this week. The overall market trading atmosphere is general. The downstream will purchase on demand. The manufacturer will mainly stabilize the price, and the traders will have more flexible transactions. Upstream, the prices of liquefied natural gas and soda ash have increased. Cost support is acceptable. In the short term, the glass market is operating stably.
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