The hottest glass market has too much inventory an

2022-08-01
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There is too much inventory in the glass market, which is under great pressure in the short term.

core tip: the inventory of production enterprises at the end of February was 34.31 million heavy containers, an increase of 1.5 million heavy containers month on month, and an increase of 3.11 million heavy containers year on year. Inventory in Northeast, central and eastern China increased significantly

at the end of February, the inventory of production enterprises was 34.31 million heavy containers, an increase of 1.5 million heavy containers month on month and 3.11 million heavy containers year on year. Inventory in Northeast, central and eastern China increased significantly

the glass is generally delivered from the spot market. The disposal of the standard change last week: the inventory of glass manufacturers increased by 10% to 34.31 million weight boxes, and the inventory days increased to 14. The United States, Europe and Japan have their own plastic use standards 15 days. Since this year, two new production lines have been ignited, one cold repair production line has been resumed, and seven cold repair production lines have been shut down. At the end of last week, the glass capacity utilization rate of float glass (2) was maintained at 74.23%

in the short term, the market inventory is still under great pressure, and the demand is difficult to boost. The production of new capacity in key markets may also affect the de stocking of the market. The industry is optimistic about the medium-term rise in glass prices. De stocking has become an important step in the industry. After a series of actions are completed, the production capacity will be reduced. At the same time, when the demand side remains stable, the market may face short-term supply shortage, and the price may rise after the medium-term washing

global glass () Department

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