Shahe is known as the “Chinese Glass City”, and the China (Shahe) Glass Price Index was released in Beijing on the 28th. The China (Shahe) Glass Price Index selects 2019, when glass prices are relatively stable, as the base period, and collects spot transaction prices between traders and glass deep processing enterprises in the sales process for compilation. Liu Wuxing, deputy director of the Price Monitoring Center of the National Development and Reform Commission, said that my country’s glass production has ranked first in the world for many years, with outstanding scale advantages. Shahe City’s flat glass regional production capacity ranks among the top in the country, which not only leads the development direction of my country’s flat glass industry, but also serves as a market leader. A highland for information production, interaction and dissemination.
As one of the important building materials products, the price of float glass has recovered significantly in recent days.
A reporter from Securities Daily called the glass manufacturer Sanxia New Materials as an investor. The relevant person in charge said that driven by positive factors such as the upcoming peak season of traditional demand, the price of float glass products has stabilized and rebounded recently. “Similar to previous years, in mid-August Merchants’ enthusiasm for purchasing goods continues to increase.”
Ding Cheng, a glass industry analyst at Zhuochuang Information, told a reporter from Securities Daily that the stabilization and recovery of float glass spot prices is mainly due to the driving force brought by the continued release of the demand side, including phased replenishment in the mid- and downstream cycles and It is customary to stock up before the peak season, etc.
“Since the midstream and downstream companies did not hold much inventory in the early stage, as the inventory on hand was digested, merchants carried out periodic centralized replenishment. In addition, the traditional peak demand season for float glass is approaching, and midstream buyers and downstream distributors have stable orders on hand. Actively maintaining a certain amount of inventory has ensured the continuation of market transaction activity. From the supply side, due to the resumption of production and the ignition of more production lines in recent months, there has been a certain supply pressure on some markets, which has suppressed the rise to a certain extent. Price rhythm and room for growth,” Ding Cheng said.
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Post time: Sep-19-2023
