The shipment performance of weak float glass market companies is average (1.18 Float Glass Weekly Review)

1. Analysis of the float glass market

The float glass market was weak this week. The upstream soda ash market price continues to fall, glass production costs fall, and corporate profits continue to rise; the downstream real estate industry has entered a seasonal off-season, the overall market consumer demand has become weak, demand-side support has declined, and the float glass industry inventories have increased.

The focus of market transactions in North China has shifted downward, downstream purchasing sentiment has gradually declined, combined with the impact of low futures prices, and overall shipment performance has been flat. Market prices in the Beijing-Tianjin-Tangshan region have declined, and the market has a strong wait-and-see attitude. Prices in the Shahe region continue to fall, and downstream purchases are mostly based on demand; market prices in East China are stable, and logistics shipments in some areas are affected by snowfall, and on-site inventories are rising; market prices in Central China are stable, and downstream purchases are mostly based on demand, and the shipments of glass companies vary greatly; glass market prices in South China are stable and rising, downstream factories are rushing to work and storage, and the production and sales situation of enterprises are still acceptable; Market prices in Northeast China have declined, and market shipment performance has been lukewarm.

2. Comparison of float glass market prices

3. Float glass inventory

The total inventory of float glass manufacturers this week was 31.586 million heavy boxes, compared with 30.604 million heavy boxes last week, an increase of 982,000 heavy boxes from last week, or 3.21%.

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 83.68%, an increase of 0.04%.

5. Weekly float glass output

There were 304 float glass production lines this week, of which 255 were in production. The float glass output was 1.2117 million tons, a decrease of 0.13 million tons from last week, or 0.11%.