Downstream needs to support strong float glass market prices steadily and move upwards (1.11 Float Glass Weekly Review)

1. Analysis of the float glass market

This week, the float glass market has been steadily rising. Downstream demand in the northern region is not strong, and market prices are operating stably; in the south, supported by downstream demand for rush work, the overall shipment of goods has been better, and market prices have steadily increased.

Market prices in North China have increased within a narrow range, corporate shipments have performed well, and on-site inventories have declined at low levels. Overall shipments in the Beijing-Tianjin-Tangshan region are relatively good, and prices of some companies have increased. Downstream purchasing sentiment in Shahe region was strong this week, and companies had significantly reduced their inventories; market prices in East China rose slightly, and company shipment performance varied greatly. In some regions, downstream demand was strong, and manufacturers 'inventories dropped significantly; market prices in Central China were stable, and downstream purchasing mentality was more cautious, and manufacturers' inventories dropped slightly; glass market prices in South China have increased sharply again. The production and sales of enterprises were basically high, downstream purchasing sentiment was strong, and overall inventories fell; The market in Northeast China is operating steadily, with local shipments performing flat, and outbound sales are acceptable.

2. Comparison of float glass market prices

3. Float glass inventory

The total inventory of float glass manufacturers this week was 30.604 million heavy boxes, compared with 32.255 million heavy boxes last week, a decrease of 1.651 million heavy boxes from last week, or 5.12%.

4. Weekly operating rate of float glass

This week, the operating rate of float glass companies increased slightly compared with last week. The weekly operating rate of float glass was 83.64%, an increase of 0.32%.

5. Weekly float glass output

There were 304 float glass production lines this week, of which 254 were in production. The float glass output was 1.213 million tons, a decrease of 3,300 tons from last week, or 0.27%.