The flat panel of the hottest glass industry has a

2022-08-06
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Glass industry: the flat panel has a high probability of slow decline and good performance in special industries.

it is understood that the review of the glass industry in 2010

1 The impulse to resume production and the release of new production capacity led to great price shocks in the glass industry in the first half of the year.

affected by the continuous impulse to resume production at the end of 2009 and the new production capacity, the glass output in 2010 remained at a high level in the first half of the year, reaching an average of 52.35 million weight boxes per month by strengthening forward-looking basic research and utilization innovation. In addition, in January, the State Council issued the "national 11" new real estate policy on the regulation of the real estate industry. As a result of the decline in the number of new projects started by real estate developers, glass enterprises are not particularly optimistic about the future demand for glass products. The concentrated release of production capacity has put a certain pressure on the product price. Taking the 5mm float glass price of key enterprises as an example, the price per weight box fell from 84.27 yuan at the beginning of the year to 70.63 yuan in July, The decrease reached 16.19%

2. After the notice of the State Council on Further Strengthening the elimination of backward production capacity was issued, the Ministry of industry and information technology issued specific objectives and tasks for eliminating backward production capacity, including eliminating 6.48 million weight boxes of glass. In July, 2010, the Ministry of industry and information technology announced that the backward production capacity of flat glass eliminated before September was 9.935 million weight boxes, lower than the market expectation. It is expected that the elimination will be intensified in the future

3. The rapid growth of real estate investment in the second half of the year drove the glass industry, and the glass price began to rebound.

the capacity contraction did not have a big impact on the glass market. On the contrary, the higher than expected growth of real estate investment in the second half of the year expanded the thickness range of aquapro 37 foam series, In July, the Ministry of housing and urban rural development issued the news that the central government has allocated 60billion yuan to build 5.8 million affordable housing units as high-molecular new materials, which has stimulated the entire building materials industry. The glass index is also encouraged. What are the components of the continuous high pressure testing machine and how to reduce the error margin of the testing machine? The glass price began to rebound. Take 5mm float glass as an example. In July, the average price per weight box was 70.63 yuan, By November, the average price per weight box had risen to 82.85 yuan, or 17.3%

4. The rise in the price of raw materials has affected the profit margin of the glass industry

with the rise in the price of glass, the price of raw materials has also risen. In October 2010, the price of heavy oil was 4250 yuan per ton, at a high level since 2008. The price of soda ash has also been rising. In October 2010, the price of soda ash was 1460 yuan per ton, 101 yuan higher than that in September, and the price increased by 6.92%. The increase of glass price was lower than that of the original material. Similarly, taking 5mm float glass in October as an example, the increase of glass price in October was only 2.3%. The increase of raw material price has put some pressure on the profit space of glass enterprises. If the future demand for glass fails to meet the expectations and the cost pressure cannot be transmitted, the glass enterprises are more likely to reduce their profitability due to rising costs

5. The overall performance of the glass index in the whole year was better than that of the overall market

although the industry was affected by capacity control, rising raw material prices and affordable housing policies, the glass index remained in reverse with the overall market in only a few months. In the first half of the year, the glass index was basically consistent with the Shanghai Composite Index. However, since July, the glass price began to rise, and the performance of the glass index was better than the overall market

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