Overall demand is weak and the market is mainly wait-and-see (8.15 Float Glass Weekly Review)
1.Analysis of float glass market
This week, the domestic 5mm float glass market was generally weak. Specifically, market prices in Southwest China have been stable and rising, while the trading atmosphere in North China has been relatively cold. Production and sales in the Beijing-Tianjin-Tangshan and Shahe regions have declined. There is insufficient support for deep processing orders, and manufacturers 'inventories have increased significantly; transactions have been completed in Central and South China.adequate acrossDownstream mainly focuses on low-cost procurement. weekswithinThe operating rate has dropped, and the daily melting volume at the supply side has dropped slightly; downstream demand is still weak, the replenishment process has been delayed, and the market has a strong wait-and-see attitude;The shipment situation of glass companies varies, and the overall inventory shows a growth trend;The fundamentals of the spot market have limited changes and there is no obvious upward trend. In the future, we need to pay close attention to marginal changes in demand.
In terms of futures, glass prices continued to be weak this week and showed an accelerated downward trend. The main contract is approaching delivery, and the fundamentals of the glass itself still have not seen significant signs of improvement, and the futures price has entered a stage of accelerating bottom-up. The glass industry has been in a state of loss for some time, and production capacity clearance is also showing signs of accelerating, and marginal improvement on the supply side is expected to continue. However, the main contradiction in the short-term market is still on the demand side. On the premise that demand is difficult to effectively improve, it is difficult to change the general downward direction of glass prices. In the short term, the expected point is still whether actual demand can improve during the peak season.
2.Comparison of float glass market prices
3.Float glass inventory
this weekfloat glassFactory total inventory 6,743Multi-weight box，last week67.356 million heavy boxes, compared withlast weekAdd 74,000 heavy boxes，The range was 0.11%; during the week, the production and sales of some glass manufacturers fell, and the total inventory increased from decline.
4.Weekly operating rate of float glass
this weekfloat glassWeekly operating rate is82.15%, month-on-month-0.86%。Operating rates are lower than last week。
5.Weekly float glass output
This week, domestic glass production lines totaled 30% after eliminating zombie production lines1Article, in whichProduction 246strip, float glassyield117.96Ten thousand tons, month-on-monthDown 0.67%，Production fell slightly during the week, with-07,900 tons compared with last week。
