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Glass prices continue to rise, stable transactions

Post Time:Oct 23,2020Classify:VIP NewsView:235

Regionally, the spot glass market in East China has a good overall trend, and the price of original glass pieces has risen, mainly to boost market confidence.
South China and southwest regions, such as the basic balance of production and sales, stable market transactions.
Central China after the price adjustment, manufacturers continue to improve outbound.
The regional trends are as follows:


East China:


In recent years, the overall trend of the spot glass market in East China is fairly good, and the production enterprises can basically achieve the balance of production and sales in the current period, and the market sentiment has improved slightly to a certain extent month-on-month.
Generally speaking, the orders of downstream processing enterprises are maintained at a good level. On the one hand, the orders of local and domestic real estate building decoration are better.
On the other hand foreign trade export orders have also risen to a certain extent.
At present, the acceptance degree of real estate enterprises to the spot price of glass has increased, and the orders of glass processing enterprises have improved month-on-month.
Some manufacturers are offering higher prices to boost confidence.
Since the beginning of the month, the inventory of each manufacturer in East China has decreased to a certain extent, which has an obvious supporting effect on the current spot price.


South China:


The spot glass market in South China has been stable in recent years, and there has been no obvious change in the outbound situation of manufacturers. The market sentiment is good.
Generally speaking, the orders of downstream processing enterprises are better, and the acceptance degree of spot price of glass is better than that of other regions.
Recently, overseas glass did not enter the south China market, and at the same time, the volume of foreign glass did not increase significantly.
Most of the production enterprises to meet the needs of the local market.
After the adjustment of the spot price of glass in central China, the production enterprises continue to maintain a good level of outbound, inventory is still falling month-on-month.
Market demand for local processing enterprises has also improved.


North China:


Today, the overall trend of the spot glass in North China is stable, the production enterprises to increase the warehouse and repatriated funds mainly, the market transaction price changes little.
At present, glass production enterprises in Shahe region maintain a low inventory level, and some large manufacturers in the early stage of the inventory is better.
On the one hand, the recent strong demand in the end market, on the other hand, local capacity reduction and other factors.
At present, some traders also increase inventories appropriately.
Processing enterprises order to maintain normal level, the purchase of raw glass is normal.
At present, the beijing-Tianjin-Hebei region production enterprises out of stock situation is basically normal, the inventory continues to be slightly reduced month-on-month.


Southwest China:


Recently, the outbound situation of glass manufacturers in southwest China is basically stable, and the inventory of production enterprises is slightly reduced, and the market mood is good.
Local processing enterprises orders are better, at the same time, the number of foreign glass entry is not much.


Northeast China:


Today the northeast region glass spot market overall trend is better, the production enterprise maintains the normal production and sales rate, the market price is stable.
In some areas, the lowest temperature is already close to zero, and the demand for glass is increasing.


Northwest Region:


Today, the general trend of the glass spot market in northwest China is fair, with production enterprises maintaining a normal level of outbound speed and little change in market transactions.
At present most of the local processing enterprises have rushed orders.


From what has been discussed above:


Glass raw sheet price is still rising, and there is no stop trend, the regional inventory sold out quickly, immediately into the supply phase.


Source: 1Author: Liu

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