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August 27 Overall Transactions In General, Market Sentiment Is Flat

Aug 28, 2020

From a regional point of view, South China and East China and other regions in the last two days of market transactions in general, some glass prices slightly changed. North and central China manufacturer's transaction situation has not changed much, some Beijing-Tianjin-Hebei region production enterprises prices rose slightly, other manufacturers have not followed up, wait-and-see mainly.


East:

Recently, the overall trend of the glass spot market in East China is general, production enterprises to increase the withdrawal and withdrawal of funds mainly, market transactions slightly improved month-on-month. From the point of view of sales strategy, after a substantial overall rise in the previous period, the current spot price has been in a high position, the need for real estate enterprises for a period of time consumption. Some manufacturers of color glass or ultra-white glass prices have recently increased to reduce and white glass prices upside down. Judging from the recent order situation of glass processing enterprises, the overall maintenance at a certain level. The main reason for the continued increase in orders is that the price of originals is rising too fast for real estate companies to accept. It is worth noting that the price of soda has been showing signs of rising rapidly in recent years.


South:

Today, the overall trend of the glass spot market in southern China is still available, production enterprises can continue to small inventory, market transaction price stability mainly. Overall, the current situation of glass processing enterprises in southern China is better than other regions, the ability to accept spot price increases is relatively strong. Therefore, the production and marketing situation of production enterprises in southern China remains at a good level, some varieties of specifications also have a certain room for growth. At the same time, the early entry into southern China, Malaysian glass also turned to sales to North China and other regions. Recently, the overall trend of the glass spot market in central China is general, some manufacturers inventory increased slightly month-on-month.


North China:

Recently, the overall trend of the glass spot market in North China is flat, the production and marketing situation of production enterprises has not changed much, and the market transaction price is flexible. Traders have increased the speed of inventory clearance, a certain reduction from the beginning of the month, but overall is still at a high level. Later traders are also expected to increase the rate of destocking to cash out previously low-cost inventories. At present, production and sales of production enterprises flat, inventory rose slightly month-on-month. However, the market confidence of the production enterprises is better, and it is believed that with the liquidation of traders' inventories, the speed of direct procurement from the production enterprises will be increased. At present, manufacturers to the price of the main operation, the early part of the low-cost manufacturers have increased the price.


Southwest:

Recently, the overall trend of the glass spot market in southwest China is general, the speed of production enterprises out of storage has not changed much, the market transaction situation is flat. Overall, the current southwest glass spot market is also at a high level.


Northeast:

Today, the overall trend of the glass spot market in Northeast China is better, the speed of production enterprises to maintain a normal level, manufacturers inventory is not much. Orders from local processing enterprises continued to improve month-on-month, with an increase in the quantity of glass purchased.


Northwest:

Recently, the overall trend of the glass spot market in northwest China in general, production enterprises continue to go to inventory-based, market confidence has not changed much. Orders from local processors were weaker than in the Northeast but continued to increase slightly month-on-month.


Post-market overview:

At present has been in the traditional glass consumption season, production enterprises in the early spot price increase are relatively fast, the recent need for downstream enterprises to accept the process, the basic strategy is to change space by time. Overall, the increased capacity on the supply side in the later period is also at a relatively low level, and the overall pressure on production enterprises is not significant. At the same time, upstream soda prices also have signs of rapid rise, not conducive to the stability of the cost of glass production enterprises.