According to Jubo Information, from the 23rd, Shijiazhuang Yujing Glass will increase all thickness grades by 1 yuan/heavy box on the basis of 1 yuan/heavy box for all grades of 12 mm, and 3-5 yuan/heavy box for all second-class thickness products. . Shahe Hongsheng Glass will increase by 0.2 yuan/㎡ for 2.5mm and 2.7mm, and increase by 0.3 yuan/㎡ for 3.0mm and 3.5mm from the 24th. From the 24th, Shijiazhuang Yingxin Energy Saving will increase the thickness of all offline LOW-E by 0.5 yuan/㎡ again. Hebei Xinli will increase all thickness by 1 yuan/heavy container from the 24th. On the 24th, Wangmei Industrial will increase the film specifications of all thicknesses of coated LOW-E glass by 1 yuan/㎡.
The long-term trend of glass prices depends on supply and demand. The real estate market is the main source of demand for glass, accounting for 75%. The concentrated start of downstream construction has caused the demand for glass to heat up ahead of schedule; on the supply side, the “Implementation Measures for Capacity Replacement in the Cement Glass Industry” implemented in January 2018 restricted the industry’s new capacity. The mismatch of supply and demand supported a substantial increase in glass prices. It is expected that 2.5% to 3.8% of float glass production capacity will shift to higher value-added photovoltaic glass this year, and the price of float glass will remain high.
Under the dual pressures of industrial policies and environmental protection, the growth of the industry’s new capacity has slowed down, and the decisive factor in supply depends more on cold repair and resumption of production capacity. Affected by the epidemic last year, the glass market continued to decline. The market reproduced the situation of concentrated cold repair of production lines. At the same time, there were fewer production lines to resume production, and the supply showed a trend of contraction, laying a good foundation for the launch of the market in the second half of the year.
The epidemic has only a short-term impact on downstream real estate construction. With the full resumption of work and production, the logic of real estate completion will continue to be interpreted. The backlog of glass demand in the early stage is expected to be released in 2021. It is expected that the supply and demand pattern of the glass industry is expected to continue to improve, and the price increase trend is expected to continue.