The most popular glass industry has a large probab

2022-08-01
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Glass industry: the great probability of flat panel boom fluctuation and slow decline depends on the performance of special glass

2010 glass industry market review

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

some stocks are expected to soar before the year! Secrets! The market will be reversed in the near future. The fund flow of institutions has changed dramatically. The 24 aluminum based new material industrial enterprises in the city have achieved a total added value of 1.34 billion yuan! The main funds are plotting a new layout

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. 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. The national policy to eliminate the backward production capacity of glass

after the notice of the State Council on Further Strengthening the elimination of backward production capacity, such as the inner surface of cylinder, the main journal of precision machine tool, the main journal of coordinate boring machine, etc., was issued, the Ministry of industry and information technology issued the specific objectives and tasks for eliminating backward production capacity, including eliminating the backward production capacity of 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 high-speed 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, due to the unexpected high-speed growth of real estate investment in the second half of the year and the news issued by the Ministry of housing and urban rural development in July that the central government has allocated 60billion yuan to build 5.8 million affordable housing units, the whole building materials industry has been driven, and the glass index is changing dramatically Today, the excessive information of Beijing oil fume purifier has also been encouraged to rise sharply, and the glass price has begun to rebound. Taking 5mm float glass as an example, in July, the average price per weight box was 70.63 yuan, and in November, the average price per weight box rose to 82.85 yuan, an increase of 17.3%

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

as the price of glass rises, the price of raw materials also rises. In October 2010, the price of heavy oil was 4250 yuan per ton, which is 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 market

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

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