SunSirs: Trading is Good, Glass Price Rose Last Week in China (April 16-23)
April 27 2021 15:08:49 SunSirs (Selena)
According to the monitoring of SunSirs, the price of glass rose slightly last week, with an average price of 29.15 yuan/ m2 last Friday, and rose by 1.75% within the week.
The price of glass rose last week. In terms of different regions, Shahe in North China has seen a slowdown in recent delivery, flexible market prices, and low inventory of manufacturers. The glass market price in East China rose slightly, the delivery situation was general, the downstream delivery pressure was large, the purchase was more cautious, mainly on demand. The overall trend of the market in South China is acceptable, with the focus of transaction moving up slightly. In Central China, the situation of delivery is good, the downstream goods preparation is more active, and the atmosphere of on-site trading is acceptable. The trend of glass market in Northeast China is relatively stable, and the situation of production enterprises leaving the warehouse has little change. The trend of glass market in Southwest China is acceptable, the market price has risen, the production enterprises are in good condition, and the inventory has declined. The glass market in Northwest China has a general trend with little market change, and the prices of some manufacturers have been increased.
According to the prediction of SunSirs, the price of glass rose last week, and the overall market trading atmosphere was good. Upstream, the price of petroleum coke rose; Soda prices were relatively stable, while LNG prices fell. Downstream, in the real estate completion cycle, glass demand is good, domestic glass inventory fell to a new low in history. In the short term, the downstream support is fair, China glass market confidence is good, and the transaction focus is strong.
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