The average price of Shahe is 1240 yuan/ton, and the inventory changes
【Glass Market Dynamics】In terms of glass, the average transaction price of Shahe is about 1240 yuan/ton. As of 20250327, the total inventory of float glass sample enterprises in China was 65.757 million heavy boxes, a decrease of 1.255 million heavy boxes from the previous month, a decrease of 1.87%, and a year-on-year increase of 0.87%. The number of days of inventory discount was 29.5 days, a decrease of 0.7 days from the previous period. The tariff incident caused the stock market commodities to fall sharply on the first day of trading after the Qingming Festival, and the glass rebounded after opening low due to sentiment. Recently, the sales of many real estate properties have been strong, the demand has recovered seasonally in mid-to-late March, the production and sales rate has risen, and the spot prices in some regions have risen, driving the rebound of the market, but the overall market expectations are pessimistic. This round of glass destocking is mainly driven by the rigid demand for replenishment, the midstream attitude is cautious, and the speculative demand is not fully stimulated. In April, it is necessary to pay attention to the seasonal recovery of demand, the operating rate of LWE enterprises and the order of deep processing. The performance of the midstream and midstream of the glass industry chain has a significant impact on prices, and in addition to the recovery of rigid demand, it is also necessary to track the sentiment changes in midstream speculative demand. Overall, the absolute price of glass is low, most companies are losing money, and demand is expected to recover seasonally.As of April 10, 2025, the total inventory of float glass sample enterprises nationwide was 65.203 million heavy boxes, -554,000 heavy boxes month-on-month, -0.84% month-on-month, and +8% year-on-year. The number of days of discount inventory was 29.2 days, -0.3 days compared with the previous period. The overall shipment in North China was acceptable, the middle and lower reaches of the procurement were replenished, and the inventory of production enterprises decreased slightly. This week, affected by the holiday, the overall production and sales in East China turned from weak to strong, and the overall inventory declined slightly, but from the perspective of the shipment situation between enterprises, the difference is large, and the inventory rises and falls.
This week, the price changes in the glass market are as follows:
Glass Data Tracker (in order of weekly change)
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Float Flat Glass (4.8/5mm)
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The cost of glass production is made up of soda ash, fuel and other expenses, each accounting for about one-third of the company's production costs. In the cost composition of flat glass manufacturing, in addition to fuel and soda ash, other materials account for a relatively small proportion. When the price of raw materials rises, the cost increases, resulting in the rising production cost of glass enterprises, affecting the profits of enterprises and the price of glass.
