Home > News > Technical documentation > Glass market continued weaknes.....
Best selling products
Contact us
Company Name: Qingdao Hongxiang Fanyu Trading Co., Ltd. Address: Room 1701,Yulong Building 2, Miaoling Road, Qingdao Tel: 0086-18300250107 + 86-15864262692, + 86-18663659299 
Contact Now


Glass market continued weakness

  • Author:Fanyu
  • Source:Www.glass.com.cn
  • Release on:2018-05-21
TheFirst, the price chart
According to business club monitoring, since May, the glass market continued to weaken. The average price in the monitoring area was 19.1 yuan per square meter at the beginning of the week and 18.86 yuan per square meter at the weekend, a decrease of 1.26%.
TheSecond, market analysis
This weekglassContinued unilateral decline in the trend since the spring, the glass market has been oscillating down. Shahe regional enterprises have lowered their prices one after another, but the delivery is still normal. The continued upward movement of regional soda ash prices has also failed to provide glass with much cost support. Glass continues to be weak. The decline in the Shahe area also squeezed the surrounding markets of East China, Central China, and even South China. The above market conditions have also been dragged down. The recent glass drop is generally around 1.5-2 yuan/square meter. At present, the main enterprises in Shahe area, 5mm float price quoted in 16.6-17.5 yuan / square meters.
float glass
The market is gradually returning to rationality this month. The weak market is mainly caused by the continuing poor downstream demand. Although the price of upstream soda ash increases, but the negative effect of the demand side is even greater. Therefore, the market continues to be the main weakness. This week, the price adjustments in North China have continued and the East China region has followed suit. The relative changes in Central China have not been significant, and the South China region has continued to be dominated by weak shocks.
On the production side, there was no change this week. The 850 tons of the Hubei Three Gorges No. 4 line in the early phase of ignition was produced at the end of this month; the 560 ton production line of Qinhuangdao Yaohua was basically completed, and it is planned to be fired on the 28th of this month.
According to the data released by the National Bureau of Statistics, the output of flat glass in March was 68.82 million heavy boxes, which was 5.2% lower than the same period of last year; the output in January-March was 201.98 million heavy boxes, which was 2.8% lower than the same period of last year. The market gradually returns to the level of rational demand.
Industrial chain: From January to April in 2018, the national investment in real estate development was 3.0592 trillion yuan, a year-on-year growth of 10.3%; real estate development enterprises had an area of ​​6644.1 million square meters of housing construction, an increase of 1.6% year-on-year; and the area of ​​new housing starts was 517.79 million square meters, an increase. 7.3%; The area of ​​buildings completed was 251.51 million square meters, down 10.7%; the area of ​​purchase of real estate development enterprises was 54.12 million square meters, down 2.1% year-on-year; the area of ​​commercial housing sales was 421.92 million square meters, up 1.3% year-on-year; at the end of April, commercial housing for sale An area of ​​566.87 million square meters, a decrease of 6.42 million square meters compared to the end of March. In April, the real estate development climate index was 101.37, down 0.13 points from March.
On May 18, the building materials index was 1,076 points, a decrease of 2 points from yesterday's level, a decrease of 4.69% from the high point of the cycle of 1129 points (2017-12-18), and a rise from the low point of 714 points of February 24, 2016. 50.70%. (Note: Cycle refers to 2011-12-01 to present)
TheThird, the market outlook forecast
According to the business community's forecast, the East China region plans to hold a steady price meeting. It is expected that the glass market will be adjusted in a short period and the overall stability will be the main factor.