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SunSirs: The Trading Market is Good, the Glass Price Rises in April

May 07 2021 09:48:51     SunSirs (Selena)

According to the monitoring of SunSirs, the price of glass rose in April, with an average price of 27.36 yuan / m2 at the beginning of the month and 29.44 yuan / m2 at the end of the month, up by 7.6%.

Glass prices rose in April. In terms of regions, Shahe in North China is in good condition. The spot price of glass increased about 1.5-2.3 yuan / m2. The manufacturer's inventory is low. The glass market price in East China continued to rise, the delivery situation was good, and the inventory decreased significantly. The overall trend of the market in South China was acceptable, and the replenishment in the lower reaches was relatively positive before May Day Holidays. In Central China, the delivery situation was general, the trading atmosphere was acceptable, and the inventory of manufacturers was low. The trend of glass market in Northeast China was relatively stable, and the situation of production enterprises leaving the warehouse had little change. The trend of glass market in Southwest China was acceptable, the market price rose, the production enterprises were in good condition, and the inventory declined. The glass market in Northwest China had a general trend with little market change, and the prices of some manufacturers increased.

According to the statistics of the National Bureau of statistics, the output of flat glass in March was 85.121 million weight boxes, up 9.4% year on year. From January to March, the output of flat glass totaled 247.72 million weight boxes, an increase of 8.6% year on year.

According to the prediction of SunSirs, the glass price rose in April, and the overall trading mood of the glass spot market was good. Upstream, the price of petroleum coke rose; Soda prices were relatively stable, while LNG prices fell. Downstream was in the real estate completion cycle, downstream traders and glass processing enterprises were more active in taking goods, and the order situation was acceptable. In the short term, there is no pressure on the inventory of the production enterprises, the glass market has good confidence in China, and the focus of transaction is relatively strong.

 

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