The glass industry is showing signs of recovery

The latest monitoring data showed that the average glass price (4mm) in mid-May rose by 0.8 yuan/heavy box to 66.1 yuan/heavy box, with a range of 1.2%. In the same period, the industry inventory fell to 27.57 million heavy boxes, down 270,000 cases, about 1%. During this period, regional seminars continued, and the wave of price increases spread from south to north. The insiders of the brokerages who contacted said invariably that "the bottom of the overall profitability of the glass industry is basically established." However, the hard times have come to the fore, does not mean that the glass industry will live a "happy life." Since the beginning of 2011, the price of glass has turned down and has been lingering at the bottom. After nearly five quarters of downturn, the industry has generally called "loss." According to the quarterly report of the glass listed company, Yaopi Glass and Luoyang Glass respectively lost 18.61 million yuan and 36.05 million yuan. Although CSG A and Jinjing Technology earned 12.123 million yuan and 749.98 million yuan in the quarter, they fell sharply by 70.8% and 89.6% year-on-year. Zhou Huan, a joint researcher at Huatai, said bluntly, "The main reason for the good glass market is that a large number of production lines have been shut down or converted due to losses since the fourth quarter of last year. The shrinking effect of ordinary glass supply has begun to appear. Even if the current demand has not significantly rebounded, the price And the inventory still showed positive changes. According to reports, the glass industry is currently at a record high of 26%, and the production line has reached 70. The reporter was informed that the number of float glass lines currently being built to be ignited reached 10, with a capacity of 59.15 million heavy boxes; another 12 lines were basically built with a capacity of 50.24 million heavy boxes. The strength of the recovery in various regions of the country is mixed, and the price of the current round of the glass industry continues to rise.

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