Original glass manufacturers are now focusing on stable prices

Glass spot prices are generally stable, with a slight loosening in some areas. Enterprises in Shahe area have average shipments and stocks have increased.

According to the statistics of Longzhong Information, the total inventory of sample enterprises nationwide this week was 20,590,200 TEUs, an increase of 14.02% month-on-month and a year-on-year decrease of 43.18%. The inventory days were 9.92 days. After excluding the zombie production lines, there were 294 domestic glass production lines ( 58.12 million tons/year), of which 264 were in production, and 30 were discontinued after cold repair. The operating rate of float industrial enterprises was 89.80%, and the capacity utilization rate was 90.40%. In terms of regions, East China and Central China were affected by the epidemic, and shipments of companies slowed down due to traffic control. At the same time, downstream commodities are cautious, and market prices are mainly stable. Affected by the recent continuous rainfall in southern China, most companies still need to focus on procurement, traders are flexible in operation, and the market’s wait-and-see sentiment has become stronger. On the whole, due to the control of the epidemic, downstream goods are received cautiously, sales of many properties have weakened, and inventories have been rising for two consecutive weeks. However, due to the market’s expectations for the peak glass consumption season, upstream companies are strongly willing to bear the price. Affected by the epidemic in the short-term, production and sales conditions in different regions are slightly different. The overall price is mainly stable, and glass is expected to maintain large fluctuations. However, in the medium and long term, the problem of tight glass supply and demand is still unresolved, the superimposed inventory has been at a low level for a long time, and the medium-term volatility is expected to be strong.