At present, the resumption of work in downstream processing factories is not ideal, with poor order growth, poor production and sales in multiple regions, and weak willingness to replenish goods in the middle and downstream, mainly consuming their own inventory. The overall production and sales of North China Shahe are weak, with prices mainly falling below. Some companies have flexible price adjustments, with the North China 5.00mm board still at 1650 yuan/ton.
In East China, some manufacturers in Zhejiang adjusted downward, and production and sales improved slightly. The mainstream prices in the central China market operate smoothly. The prices in the southwest market have increased, and downstream restocking is appropriate.
Due to the slow start of downstream demand, the inventory of raw film enterprises continues to rise. Longzhong information data shows that as of this Thursday (February 9), the total inventory of Float glass sample enterprises nationwide was 7.7808 million heavy boxes, an increase of 3.54% month on month, a new half year high, with a year-on-year increase of 81.99%.
During the same period, glass production was sluggish, but the early ignition production line began producing glass, resulting in an increase in supply. This week, there are temporary proletarian cold repairs or ignition plans, and supply will mainly stabilize after the increase. In addition, on February 13th, the first line of Yunnan Haisheng Run planned to produce 550 tons of white glass into Ford Blue in mid February, and 500 tons of original white glass into Ford Blue in the second line of China Glass (Shaanxi) New Technology Co., Ltd.
In addition, from February 3rd to February 9th, the profits of glass enterprises have increased and decreased. According to the production cost calculation model of Longzhong Information, the loss of Float glass fueled by natural gas and coal gasification is still more than 100 yuan per week; The weekly average profit of Float glass fueled by Petroleum coke was 74 yuan/ton, up 21.31% year on year, a three-month high.