Dongguan Jinghai Glass Co.,Ltd


Glass prices will go down in the short term

View:     Time: 2017-11-21 18:23:55

News: today's welcome 3mm size board 3mm size board 3.5mm4mm size board up 0.2 yuan, 5mm size board 6mm up 0.3 yuan, 8mm raised 0.4 yuan, 10mm raised 0.5 yuan, 12mm raised 0.6 yuan, 15mm19mm raised 1 yuan. Security 2.5-12mm up 1 yuan / weight box, the Great Wall 2.7-12mm up 1 yuan / weight box. Xinli 3.5mm3.8mm4mm raised 0.2 yuan and -5mm raised 0.3 yuan. Xinlei 3.5mm raised 0.2 yuan. Wah Yuen 4.8mm5mm up 0.3 yuan, 6mm up 0.5 yuan. Late security the Great Wall plan 18 unified raised 1 yuan / weight box, Xin Li plan 18 3.5-5m up 0.2-0.3 yuan. Up to 1 yuan / weight box for 18 pieces of original film and coating.


The past two days, Shahe, the supply side capacity decreased, which reduced five or six safe production line, the Great Wall to reduce 46 production lines, three or four reduction in Durkin production line, Changhong reduce one or two production lines, Jihengyuan cut line, involving a total annual production capacity of 34 million 800 thousand weight boxes, accounting for about 20% of Shahe original film production. The reduction of production capacity in Shahe will greatly ease the contradiction between supply and demand in the Shahe market, and the supply and demand relationship of some products will be reversed, and the supply demand will be in short supply.


The past two days, the Shahe factory production line focus on reducing information to stimulate the Shahe market dealers and downstream processors sharp glass storage frenzy. The dealer Nahuo enthusiasm for bidding amplitude increasing, changing market prices on the 1st. Factory shipments reached 200%-300%, the sales form is better. Most of the small factories basically have no inventory, the original inventory pressure is larger, larger inventory reduction, inventory pressure greatly reduced.


At present, Shahe glass sheet market mainstream chain at the beginning of the month rose 0.5-2 yuan. The main ingredient is the dealer market prices and bidding behavior increases, price increases slower. With the Shahe market prices upward, but also effectively promote the Shahe surrounding manufacturers shipments, of which the East China market in the price conference advocated 20 yuan / ton newspaper, other areas to smooth based, individual areas sporadic rise.


The rapid rise of the glass market in Shahe is mainly due to the unique mode of opening dealers in Shahe. In their information under the stimulation of large-scale storage of glass to look forward to having the dealer price to earn the price difference. However, the market price of multi degree speculation also brings market risk. Although Shahe production capacity is reduced by about 20%, glass is in short supply. But in terms of the overall glass industry, supply and demand are still in a basically balanced state. In addition, after half a month, the northern region after the cold weather, the downstream demand will weaken. When the Shahe glass prices have been substantially increased, Shahe glass price depression advantage will no longer be, Shahe glass can cover the region will shrink, so Shahe glass re entered the production and marketing sub equilibrium state, price stalemate. At present, Shahe glass market in full price water, once the Shahe market sales into the Asian balance, dealers will release its own inventory, price concessions, to decline, prices, market price will be slightly down.


The fact is that Beijing, Tianjin, Hebei and northeast region trend is general, especially the Northeast manufacturers are now based on more profit shipped. Shahe market prices upward trend, northeast glass will create conditions for the south. East China market has reported up, but compared to Shahe's crazy shill or a gap. Southern China, central China, southwest, northwest smooth, Shahe has the potential stand head and shoulders above others. At present, the excessive price of speculation in Shahe market will inevitably lead to a downward trend in the later period. Is expected within a week, Shahe glass price will limit some tall product price will decline slightly. But in the case of manufacturers reduce inventory or will continue to rise, prices of space compression. Shahe glass market will be deadlocked at a certain neutral point.


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