The hottest weekly report in the third week of Sep

2022-08-22
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Weekly report of the third week in September: social inventory is reduced, and the spot price is stable

the overall trend of the glass spot market this week is general, the delivery situation of production enterprises has slightly changed on a ring basis, and the market sentiment is weak. Generally speaking, the orders of downstream processing enterprises are acceptable, mainly domestic building decoration orders, and general foreign trade export orders. Recently, the spot market price of glass has been mainly stable, and the spot price in some regions has been adjusted sporadically, which has little impact on the market. Through the recent adjustment, the social inventory of raw glass of traders and processing enterprises has been reduced to a certain extent month on month, and has basically returned to a normal state. Overall, the rigid demand of the terminal market is still there

the average price of white glass for construction nationwide this weekend was 1902 yuan, up -4 yuan from last week and 283 yuan from last year. The utilization rate of glass production capacity at the weekend was 69.28%; It rose 0.07% month on week and -1.02% year on year; After excluding zombie capacity, the utilization rate of glass capacity was 82.09%, up 0.05% month on week and -1.59% year on year. The production capacity of glass in production was 953.22 million heavy containers, an increase of 3million heavy containers from last week and 15.12 million heavy containers from last year. At the weekend, the industry's inventory was 39.03 million heavy boxes, an increase of 560000 heavy boxes from last week and 1.83 million heavy boxes from last year. Weekend inventory days were 14.95 days, an increase of 0.17 days on a month on week basis and 0.47 days on a year-on-year basis

from a regional perspective, the marketing strategies of production enterprises in Central China, Northeast China and some East China have been slightly adjusted, mainly to increase outbound; The market prices in the southwest and northwest regions are relatively stable, and the production and sales of manufacturers are acceptable. In terms of production capacity, the energy used by Guangxi Beihai xinyiji accounts for about 12% of the total energy consumption of the national economy. The fourth line 500 tons of ignition of the Group Co., Ltd. The production lines that ignited in the early stage are successively put into production. In the short term, some cold repair production lines in East China have plans to resume production. If seamless copper tubes are used, they should be connected to the host. The capacity of other regions is expected to have no plans to increase or decrease in the later period

East China:

the overall trend of the glass spot market in East China this week is general, the delivery situation of production enterprises has slightly weakened, and the market transaction price is mainly stable. With the production lines of cold repair and resumption of production in the early stage put into operation successively, the local market supply has a certain pressure. At the same time, the shortage of funds of some production enterprise groups' parent companies has also led to the enhancement of manufacturers' willingness to leave the warehouse. At present, the orders of downstream processing enterprises are OK, basically maintained at a normal level, especially some large processing enterprises have full orders, and there is little pressure in the later stage. In terms of spot price, some manufacturers have introduced certain preferential measures to reduce inventory. On the whole, the inventory of manufacturers has increased slightly in the recent quarter on quarter, but the pressure is not great

South China:

the overall trend of the glass spot market in South China this week was weak, the delivery speed of production enterprises decreased slightly on a ring basis, and the market sentiment was poor. Recently, the production capacity of East China and South China has increased more, and the number of glass from other ports entering the South China market has also increased month on month, causing certain pressure on the delivery of local manufacturers. At present, the production enterprises mainly increase the delivery and price support operation, and the market transaction price changes little. Colorite 1 in Central China has always been the world's leading medical particle manufacturing enterprise. The production enterprises in the zone mainly increase the delivery of goods. Some manufacturers have slightly adjusted their sales strategies, while others are mainly on the sidelines for the time being. Enterprise inventory has increased

North China:

the overall trend of the glass spot market in North China this week is acceptable. The production enterprises can basically achieve the balance of production and sales in the current period, and the market confidence is stable. On the whole, the production enterprises in Shahe area are normal at present, which is lower than that of last year. Traders' inventories have been cleaned up in the early stage, and the range of month on month reduction is relatively large. The spot price was suppressed first and then increased, and remained at a stable level on the whole. The demand of the local terminal market is relatively stable, and the number of sales to Beijing Tianjin Hebei, Shandong Henan Anhui and other regions has increased slightly on a ring basis recently. Production enterprises in Beijing Tianjin Hebei region generally leave the warehouse, and the glass entry volume in some northeast regions has increased month on month

Southwest China:

the overall trend of the glass spot market in Southwest China this week is acceptable, the quotation of production enterprises rose slightly, the market transaction was stable, and the pressure was not great

Northeast China:

the overall trend of the glass spot market in Northeast China this week is acceptable, and the prices of production enterprises have been adjusted, mainly by increasing delivery

Northwest China:

the overall trend of the glass spot market in Northwest China this week is mainly stable, and the delivery speed of production enterprises has not changed much, so their confidence is OK

future overview:

according to the data released by the National Bureau of statistics, the output of flat glass in August was 81.38 million heavy boxes, an increase of 3.1% year-on-year; In January, the cumulative output of flat glass was 62.309 million heavy boxes, an increase of 1.0% year-on-year. After the rapid recovery of production capacity in June and July, it was reflected in August, and the output has shown positive growth for the first time this year. Since this month, the overall trend of the glass spot market has been stable, the demand of the end market is acceptable, and the price recognition of downstream processing enterprises and real estate enterprises is gradually increasing. Although the output results of the experimental results can be set arbitrarily: the maximum force value and elongation are adjusted in the marketing strategies of production enterprises in some regions, which has little impact on the smooth operation of the overall market price. At the same time, the rapidly rising raw material prices in the early stage drive up costs, which also constitutes a strong support for spot prices

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