The most popular glass and products prices in Chin

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In the first half of 2008, the output of glass fiber yarn in China reached 1.08 million tons, an increase of 44% over the same period last year. 5%, and the export of glass fiber and products was 640000 tons, an increase of 26% over the same period of the previous year, showing a good trend of both production and sales. However, the situation has fundamentally changed since August 2008. With the deepening of the international financial crisis and the reduction of international market demand, the export-oriented glass fiber industry has been hit hard. The sharp increase in inventory, the increase in capital occupation and the decline in economic benefits have become prominent problems in the glass industry

since the second half of 2008, the weakness of glass demand caused by the slowdown of real estate investment has become increasingly apparent. In the first half of 2008, the output of flat glass was 2. 7.5 billion weight boxes, a year-on-year increase of 12. 2%, but only 5% year-on-year growth from July to November. 5%。 The decline in demand highlights the seriousness of oversupply. Since the kilns of the float glass production line were basically scrapped after the production was stopped by draining water, they need to be rebuilt when the production is resumed, and the cost is more than 50million yuan. Therefore, when the market is depressed, the first consideration of the enterprise is to increase the price reduction to reduce inventory, rather than easily choose to stop production, so that the glass price continued to decline in 2008

after August 2008, the export growth rate of glass fiber and products slowed down, resulting in oversupply in the domestic market. Some enterprises took measures such as early cold repair, delayed ignition of new lines, production reduction or shutdown to alleviate market pressure, and the growth rate of glass fiber yarn production decreased

2000 ~ 2007 was the eight years with the fastest growth in China's export of glass fiber and products, with an average annual growth rate of 43. 6%。 However, after August 2008, the export of glass fiber and products increased rapidly. We know that the national standards for high temperature tensile test all stipulate that the rib used for round samples decreased. For example, the export volume of glass fiber and products decreased by 19% year-on-year in November 2008. 2%, the rapid decline in export growth rate is rare in recent years. In terms of the cumulative export volume of glass fiber and products, since July 2008, the load sensor has converted the force signal into an electrical signal and transmitted it to the measurement system. The cumulative export growth rate has been declining for five consecutive months

although the oil price dropped rapidly after july2008, the cost reduction under the weak demand only further opened up the price reduction space of enterprises, and the profitability became worse. From September to November 2008, the gross profit rate of flat glass was 7. 7%, a year-on-year decrease of 11. 1 percentage point, 2% lower than that from June to August. 7 percentage points, the whole industry lost 2. RMB 800million, an increase of 85% over June to August

since November, 2008, the weak demand situation has worsened, and the price of float glass has accelerated to decline. Near the end of the year, the actual transaction price of the market has dropped by about 30% compared with the middle of the year, and the losses of enterprises have intensified, forcing more and more enterprises to choose to release water and stop production. According to the general statistics of China building materials information, by the end of December 2008, 41 float glass lines had been discontinued nationwide, accounting for about 20% of the total

the main reason for the accelerated decline in prices since November 2008 is that dealers are generally pessimistic about the situation in 2009 and dare not prepare goods, while enterprises have to cut prices and dump goods to recover funds. The contraction of production capacity led to a decline in inventory. At the end of December 2008, the inventory growth of key contact glass enterprises has increased from 55% in August. 38% (the largest increase since January 2006) fell to 20. 22%。

the annual production capacity of 50000 tons of lithium-ion cathode materials and 10billion watt hour power batteries will shrink, and the decline in demand may rebalance the supply and demand of the glass industry. As the current inventory has dropped to a low level, it is expected that it will be basically digested in another 1-2 months. If the demand recovers at the end of the first quarter of 2009, the glass price is expected to rebound by a large margin. At the same time, as it will take at least 2-3 months for the production lines that have stopped production to resume production, the price rebound is likely to continue until the end of the second quarter of 2009

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