During the week, the domestic float glass market price fluctuated slightly, and the transaction atmosphere was average. The price of some factories in North China has slightly loosened, and the transaction volume has been average for the time being; the quotations in the East China market have been stable for the time being, and the industry has a wait-and-see mentality, and the trading atmosphere is average; shipments in Central China have improved slightly, and there has been a certain increase in outbound shipments recently; prices in the South China market have been stable, and manufacturers as a whole Production and sales are mostly close to balance, market transactions are average, and the wait-and-see atmosphere is strong; prices in the southwest market remain stable, with factory shipments basically at 80% and above, and some parts can be basically balanced.
The latest data from the National Bureau of Statistics show that from January to October, the housing construction area of real estate development companies was 8.22895 million square meters, a year-on-year decrease of 7.3%. Among them, the residential construction area was 5,793.61 million square meters, a decrease of 7.7%. The area of newly started housing construction was 791.77 million square meters, a decrease of 23.2%. Among them, the area of newly started residential construction was 576.59 million square meters, a decrease of 23.6%. The completed housing area was 551.51 million square meters, an increase of 19.0%. Among them, the completed residential area was 400.79 million square meters, an increase of 19.3%.
Longzhong Information News: As of 20231116, the total inventory of float glass sample companies nationwide was 40.567 million heavy boxes, a decrease of 716,000 heavy boxes month-on-month, -1.7% month-on-month, and -43.9% year-on-year. The discounted inventory days were 16.8 days, down 0.4 days from the previous period. The average daily production and sales rate in many places during the week was acceptable, driving the industry to destock. The production and sales rate in Northeast China was relatively low, and the industry accumulated a small amount of stock.
The overall inventory of domestic float glass manufacturers continued to decline this week, and most regional companies can still maintain inventory reductions. There is a slight difference in production and sales between the north and the south. In terms of regions, shipments in Shahe in North China slowed down slightly during the week, and the overall inventory still fell slightly. Currently, manufacturers in Shahe have about 1.72 million weight boxes in stock, and traders continue to wait and see with low positions; the overall shipments in the East China market this week are acceptable, and the middle and lower reaches continue to Purchasing on demand is the main focus. The production and sales of most original film factories have reached around the balance. The overall inventory has been reduced. Enterprises in Central China have traded price for quantity. Shipments during the week are acceptable and inventories have dropped. Major factories in South China have basically maintained inventory reductions during the week. Production and sales are still acceptable. Some factories have tried to increase prices slightly and then shipped goods relatively generally. The attitude of mid-stream and downstream manufacturers in holding goods is still cautious. Zhuochuang Information believes that due to the weakening of seasonal demand and the impact of regional price differences, the supply of low-price goods from the north to the south will gradually increase, which will increase the impact on the regional market. Most companies are currently focusing on maintaining inventory reduction as their top priority. With the support of midstream and downstream rigid-demand purchases, most companies' production and sales are expected to remain near a balance. It is expected that the overall inventory will not change much next week.During the week, the domestic float glass market price fluctuated slightly, and the transaction atmosphere was average. The price of some factories in North China has slightly loosened, and the transaction volume has been average for the time being; the quotations in the East China market have been stable for the time being, and the industry has a wait-and-see mentality, and the trading atmosphere is average; shipments in Central China have improved slightly, and there has been a certain increase in outbound shipments recently; prices in the South China market have been stable, and manufacturers as a whole Production and sales are mostly close to balance, market transactions are average, and the wait-and-see atmosphere is strong; prices in the southwest market remain stable, with factory shipments basically at 80% and above, and some parts can be basically balanced.
The latest data from the National Bureau of Statistics show that from January to October, the housing construction area of real estate development companies was 8.22895 million square meters, a year-on-year decrease of 7.3%. Among them, the residential construction area was 5,793.61 million square meters, a decrease of 7.7%. The area of newly started housing construction was 791.77 million square meters, a decrease of 23.2%. Among them, the area of newly started residential construction was 576.59 million square meters, a decrease of 23.6%. The completed housing area was 551.51 million square meters, an increase of 19.0%. Among them, the completed residential area was 400.79 million square meters, an increase of 19.3%.
Longzhong Information News: As of 20231116, the total inventory of float glass sample companies nationwide was 40.567 million heavy boxes, a decrease of 716,000 heavy boxes month-on-month, -1.7% month-on-month, and -43.9% year-on-year. The discounted inventory days were 16.8 days, down 0.4 days from the previous period. The average daily production and sales rate in many places during the week was acceptable, driving the industry to destock. The production and sales rate in Northeast China was relatively low, and the industry accumulated a small amount of stock.
The overall inventory of domestic float glass manufacturers continued to decline this week, and most regional companies can still maintain inventory reductions. There is a slight difference in production and sales between the north and the south. In terms of regions, shipments in Shahe in North China slowed down slightly during the week, and the overall inventory still fell slightly. Currently, manufacturers in Shahe have about 1.72 million weight boxes in stock, and traders continue to wait and see with low positions; the overall shipments in the East China market this week are acceptable, and the middle and lower reaches continue to Purchasing on demand is the main focus. The production and sales of most original film factories have reached around the balance. The overall inventory has been reduced. Enterprises in Central China have traded price for quantity. Shipments during the week are acceptable and inventories have dropped. Major factories in South China have basically maintained inventory reductions during the week. Production and sales are still acceptable. Some factories have tried to increase prices slightly and then shipped goods relatively generally. The attitude of mid-stream and downstream manufacturers in holding goods is still cautious. Zhuochuang Information believes that due to the weakening of seasonal demand and the impact of regional price differences, the supply of low-price goods from the north to the south will gradually increase, which will increase the impact on the regional market. Most companies are currently focusing on maintaining inventory reduction as their top priority. With the support of midstream and downstream rigid-demand purchases, most companies' production and sales are expected to remain near a balance. It is expected that the overall inventory will not change much next week.
