After the holiday, some replenished glass markets mainly rose (2.22 Float Glass Weekly Review)

1. Analysis of the float glass market

This week, the float glass market price rose mainly, with the price of 5mm large plate float glass rising in Northeast, Southwest, East and Central China, with the increase concentrated at 10 yuan/ton. However, the price of 5mm large float glass in North China and Shahe has been lowered by 8-10 yuan/ton. Prices of 5mm large plate float glass in South China and Beijing-Tianjin-Hebei are stable.

The market price in Northeast China was increased by 10 yuan/ton during the week, and the operation was relatively strong. After the holiday, production companies started construction one after another, and the resource supply was relatively sufficient. Glass transaction prices in the northwest region moved slightly downward. During the week, due to rain and snow, logistics and transportation were blocked, and the shipment speed of enterprises was slow; market prices in the southwest region rose within a narrow range, and downstream companies were still enthusiastic about getting goods, and the inventories of production companies fell; The glass market prices in South China were stable, and companies had a more attitude of supporting prices after the holiday, but the overall shipment performance was average and failed to achieve a reduction in stock; Market prices in North China fell, and there was high enthusiasm for replenishment after the holiday, and the market trading atmosphere was hot. However, due to the influence of university weather, overall market shipments weakened and transactions shifted to low prices.

In terms of futures, the fundamentals of weak glass supply and demand have continued since the holidays. The order situation in the middle and lower reaches after the holiday is poor. Demand for original films is limited. Coupled with rain and snow weather, transportation and terminal resumption of work, China's glass production and sales are weak, and manufacturers 'inventories continue to accumulate. At present, the supply of glass is high and the demand is weak, but the profit level is relatively considerable. The profit on the market still exists, and the price suppression at the top is strong. However, it is necessary to pay attention to the 1600 yuan below or there may be buying support, and the expectation of subsequent resumption of work still exists. Further prices are driven by operation or need to observe the implementation of actual replenishment demand.

2. Comparison of float glass market prices

3. Float glass inventory

The total inventory of float glass manufacturers this week was 54.255 million heavy boxes, compared with 52.14 million heavy boxes last week, an increase of 2.115 million heavy boxes from last week, or 4.06%.

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 85.10%, an increase of 0.28%.

5. Weekly float glass output

There were 303 float glass production lines this week, of which 259 were in production, and float glass output was 1.2062 million tons, which was the same as last week, with a decrease of 0.00%.