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07

2021

09

With the peak demand season approaching, why is the glass futures market adjusting downwards?

With the peak demand season approaching, why is the glass futures market adjusting downwards?

On August 19, the glass futures market entered a deep correction, falling 2.62%. This is traditionally the peak season for glass demand. He Hangying, a metal analyst at Nan Hua Futures, said that due to the recent escalation of epidemic prevention and control measures, transportation has been restricted in many places, and the operating rate of downstream companies has also been affected, resulting in a significant slowdown in glass manufacturers' delivery. Wei Chaoming, a glass researcher at Founder Futures, believes that in recent years, downstream glass consumption has encountered various unfavorable factors, such as high-priced electricity, heavy rains in many parts of the country, and the epidemic, which have created temporary obstacles to glass circulation, transportation, and end-user consumption. Data shows that as of this week, the inventory of glass producing enterprises

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07

2021

09

Glass futures contracts for distant months have risen sharply.

On August 23, the distant-month contracts of glass futures saw a significant rebound, with the main contract surging 4.37% to 2772 yuan/ton, while the 2109 contract saw a slight increase. It is understood that in late July, many places were affected by the COVID-19 epidemic, resulting in transportation restrictions, decreased downstream operating rates, accelerated accumulation of factory inventories, and weakened market confidence, putting pressure on glass futures prices. Zhang Xi, an analyst at Huishang Futures Research Institute, said that the current spot price of glass remains firm. Although the market remains cautious about purchasing high-priced glass spot goods, with downstream demand as the main driver, it is expected that with the gradual control of the epidemic and the gradual realization of peak season demand,

07

2021

09

Introduction to the production process and industrial applications of glass beads

Production process of glass beads: (1) Check the forward and reverse rotation of the motor. (2) Open the air inlet of the furnace, start the induced draft fan to exhaust the remaining gas in the furnace. After five minutes, start the circulating water pump. After the water in the furnace's drain pipe flows smoothly, prepare for ignition. (3) Open the air distribution port of a torch and start ignition. First, point the igniter at the air distribution port of the torch, slowly open the gas pipeline valve, and turn off the igniter after ignition. (4) Start the cooling auger, start both at the same time. (5) Start the vibrating screen. (6) After everything is normal, check everything, ensure the equipment and furnace temperature are normal, and then turn on the electromagnetic feeder.

07

2021

09

Photovoltaic glass may drive a rally in soda ash.

Since July, the prices of goods have shown a more differentiated trend, and the epidemic has suppressed the upward momentum of many varieties, with only soda ash showing slow growth. Soda ash faces several challenges: 1. Producers' inventories are low, but glass factories have high hidden inventories; 2. Solar energy production capacity is expanding, but not immediately; 3. New contracts have fully met expectations, leading to overspending. In early August, spot prices increased by about 200 yuan. Currently, the lowest spot delivery price is 2350 yuan/ton (based on Jinshan's insured delivery price), while some high-priced areas are 2400-2500 yuan/ton. Downstream buyers still have a fear of high prices and are trading cautiously. Alkali plants have sufficient orders, and goods transportation is smooth. As of Thursday,

07

2021

09

Glass: Supply contraction exceeded expectations, V-shaped reversal initiated

Last week, two more production lines were shut down in the Shahe area due to environmental protection, exceeding expectations for capacity contraction. Currently, the industry's net capacity reduction is approximately 36 million heavy boxes, accounting for about 4% of current production capacity, and industry inventory continues to decline rapidly. We believe that considering the cost of resuming production and the expiration of some production lines, capacity is expected to maintain a dynamic balance in the second half of the year, and capacity is expected to continue to shrink throughout the year. From the demand side, the apparent demand for glass in April fell by 5.5% year-on-year and narrowed by 21 percentage points month-on-month. Due to the rapid decline in inventory, the apparent demand growth rate is expected to turn positive strongly in May, and demand will continue to recover. For the whole year, 202

30

2021

08

Public Notice of New National Standard Draft for Approval: "Flat Glass" and "Safety Technical Specifications for Automotive Glass"

On April 30, the Department of Science and Technology of the Ministry of Industry and Information Technology publicized 19 draft mandatory national standards (including 1 amendment) and their preparation notes. Among them were two draft standards from the building materials industry, "Flat Glass", and the automotive industry, "Safety Technical Specifications for Motor Vehicle Glass". Before the standards are approved and released, the draft standards and preparation notes are publicized to solicit opinions from all sectors of society. The deadline is May 29, 2020. I. Changes to the "Flat Glass" Standard. The new "Flat Glass" standard will replace GB11614-2009 "Flat Glass", with a recommended implementation date of 6 months after approval and release.

Linghai Global Glass Products

Tel:+86 15842714777 +86 13030765775
E-mail:linghaihuanqiu@163.com
Address:Antun Town Industrial Park, Linghai City, Liaoning Province

Linghai Global Glass Products Co., Ltd.
Linghai Global Glass Products Co., Ltd.

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