“The current glass prices have fallen to lows for many years, and corporate profits have fallen so badly that some production lines have been forced to stop,†said Cheng Wang, head of a glass manufacturing company in the Beijing-Tianjin region.
The predicament encountered by the above-mentioned glass company is not a single case. In Shahe City, Hebei Province, where nearly 15% of the country's glass production capacity was concentrated, it was difficult to see the noise of previous years in the turbulent glass trading market. Some glass traders even closed down. Start other business. Chen Xiaofei, director of China Glass Information Network Operations, which closely monitors the domestic glass industry, revealed that on September 28th, the "Chinese Glass Market Confidence Index" was 1223.98 points, down 148.94 points year-on-year.
Except that the recent international monetary loose environment will stimulate the market slightly, most insiders believe that the glass price will still decline in the later period, and the real recovery of the market will not occur until next year.
Overcapacity appears
Quzhou Qibin Five Line, Tianjin Xinyi Glass Second Line, Chongqing Fuyao Second Line, Benxi Welcome Line... Although the market price of glass is still sluggish, the enthusiasm of horses in glass production lines across the country has not declined. By August, there were 13 domestic The new scale glass production line began production, and at the same time, some of the glass production lines that had already started started maintenance or stopped production.
Statistics show that the production of flat glass in China was weighed in 2001 by the weight of 202 million boxers. The weight of the box was measured in the glass industry. The weight of 1 box was increased from 50 kg to 738 million weight boxes in 2011, an increase of 262.87%.
Although there were new horses in the glass production line, the total production volume of flat glass from January to July 2012 was 424 million weight boxes, which was a year-on-year decrease of 3.2%. This figure was 19.7% higher than the same period of last year. According to the current production capacity, flat glass production in 2012 is expected to be 724 million weight boxes, a year-on-year decrease of 1.2%.
According to Jia Qiu, deputy director of the Industrial Research Center of Yide Institute, which has been tracking research on the domestic glass industry, in recent years, the state has successively issued energy conservation and environmental protection policies, and has phased out some high energy-consuming and polluting enterprises and production processes. Glass industry backward production capacity is also eliminated. In April this year, the State Council and the Ministry of Industry and Information Technology issued the "Notice of the State Council on Further Strengthening the Elimination of Obsolete Production Capacity" and the "Notice on Distributing Targets and Tasks for Canceling Outdated Production Capacity for 19 Industrial Industries in 2012", resulting in a large number of flat glass production lines with lagging production technology. After being eliminated, a total capacity of 46.65 million weight boxes was eliminated. Although new production lines started, due to excessive elimination of backward production capacity, monthly production began to decline slightly thereafter. In spite of this, the overall domestic glass production still exceeds sales. Taking float glass as an example, a single monthly inventory began to exceed 30 million weight boxes in 2011, and rapidly increased. In the first quarter of 2012, production began to decrease, but sales of the hard-to-find enemy contracted, and monthly glass inventory hit a historical peak. 45 million weight boxes.
From the end of 2005 to the end of August 2012, domestic glass production lines and total production capacity increased by 1.98 times and 2.35 times, respectively; however, production lines and ineffective production capacity for cold repairs also increased by 10.14 times and 9.14 times, respectively. Some market analysts have indicated that the excess capacity in the glass industry is gradually emerging. Even without external intervention, market discipline will play a role. Work stoppages have become the choices that have to be made.
Demand is not optimistic
Continuing real estate control policies have a greater impact on the glass industry than other building materials industries. The new financial reporter was informed that in the first half of 2012, the domestic building materials industry realized a profit of 140.3 billion yuan, a year-on-year drop of 9%. Among them, the cement industry profit was 22.3 billion yuan, a drop of 51.4%; and even more tragic is the flat glass industry's net profit from the same period last year 2.66 billion yuan into a net loss of 490 million yuan.
The demand for real estate is cold, and the export demand for glass is also facing difficulties. Jia Qiujun introduced that in the world glass demand pattern, the demand for glass in Europe, China, and North America accounts for more than 75% of the total global glass demand. As a glass-producing country, China’s flat glass exports have been increasing year by year since 2002. In 2007, it reached its historical peak once in 2007 and exported more than 3 billion square meters annually. After the financial crisis of 2008, the debt crisis in Europe and the economic downturn in the United States led to a decline in consumer demand in major foreign markets. Glass exports have also been greatly affected and recovered slowly. In the past year, the growth rate of flat glass exports in China has basically remained at zero. Even below.
At this time, as another important demand side of glass companies, the auto industry cannot play the role of providing charity in the snow. The growth rate of domestic automobile production in 2011 has rapidly declined and is still less than 1%. The newly released semi-annual report of listed companies, such as vehicles and dealers, linked together in the automotive industry chain shows that the profit of automotive listed companies with their own brands as the main business is almost plunged, and dealers’ inventory has also increased substantially. Jia Qiujun said that the increase in demand for automotive glass can not make up for the decline in demand for other glass. It now appears that the policy of real estate control and automobile purchase restrictions has had a significant impact on glass demand.
Looks like it's getting warmer
Although the glass industry has encountered various difficulties, there are still people in the industry who are optimistic about the future. After a comprehensive analysis, Chen Xiaofei believes that domestic glass demand will still maintain a growth rate of about 6% in 2013, taking into account factors such as the cold repair and production of the production line. The reduction in production in 2013 is expected to be 0.2 billion weight boxes; the 19 production lines that were put into operation in 2013 will have an additional capacity of 50 million weight boxes. The glass production in 2013 was approximately 754 million weight boxes, an increase of 4.1% over the same period of last year. The supply was slightly lower than the increase in demand, which is an advantage for the glass industry.
There is no sign of relaxation in domestic real estate regulation. Some stakeholders in the glass industry have turned their attention to urbanization and infrastructure investment and construction. According to Chen Xiaofei, plans for infrastructure construction have been introduced across the country. In the future, urbanization will not only increase economic growth, but will also drive glass demand. Judging from the regularity of a price cycle in the glass industry for 3-4 years, domestic glass prices have risen in 2000, 2003, 2007 and 2010. Once the economic recovery and favorable policies are introduced, the glass prices in 2013 will again A step into a rising cycle can be considered as a high probability event.
The predicament encountered by the above-mentioned glass company is not a single case. In Shahe City, Hebei Province, where nearly 15% of the country's glass production capacity was concentrated, it was difficult to see the noise of previous years in the turbulent glass trading market. Some glass traders even closed down. Start other business. Chen Xiaofei, director of China Glass Information Network Operations, which closely monitors the domestic glass industry, revealed that on September 28th, the "Chinese Glass Market Confidence Index" was 1223.98 points, down 148.94 points year-on-year.
Except that the recent international monetary loose environment will stimulate the market slightly, most insiders believe that the glass price will still decline in the later period, and the real recovery of the market will not occur until next year.
Overcapacity appears
Quzhou Qibin Five Line, Tianjin Xinyi Glass Second Line, Chongqing Fuyao Second Line, Benxi Welcome Line... Although the market price of glass is still sluggish, the enthusiasm of horses in glass production lines across the country has not declined. By August, there were 13 domestic The new scale glass production line began production, and at the same time, some of the glass production lines that had already started started maintenance or stopped production.
Statistics show that the production of flat glass in China was weighed in 2001 by the weight of 202 million boxers. The weight of the box was measured in the glass industry. The weight of 1 box was increased from 50 kg to 738 million weight boxes in 2011, an increase of 262.87%.
Although there were new horses in the glass production line, the total production volume of flat glass from January to July 2012 was 424 million weight boxes, which was a year-on-year decrease of 3.2%. This figure was 19.7% higher than the same period of last year. According to the current production capacity, flat glass production in 2012 is expected to be 724 million weight boxes, a year-on-year decrease of 1.2%.
According to Jia Qiu, deputy director of the Industrial Research Center of Yide Institute, which has been tracking research on the domestic glass industry, in recent years, the state has successively issued energy conservation and environmental protection policies, and has phased out some high energy-consuming and polluting enterprises and production processes. Glass industry backward production capacity is also eliminated. In April this year, the State Council and the Ministry of Industry and Information Technology issued the "Notice of the State Council on Further Strengthening the Elimination of Obsolete Production Capacity" and the "Notice on Distributing Targets and Tasks for Canceling Outdated Production Capacity for 19 Industrial Industries in 2012", resulting in a large number of flat glass production lines with lagging production technology. After being eliminated, a total capacity of 46.65 million weight boxes was eliminated. Although new production lines started, due to excessive elimination of backward production capacity, monthly production began to decline slightly thereafter. In spite of this, the overall domestic glass production still exceeds sales. Taking float glass as an example, a single monthly inventory began to exceed 30 million weight boxes in 2011, and rapidly increased. In the first quarter of 2012, production began to decrease, but sales of the hard-to-find enemy contracted, and monthly glass inventory hit a historical peak. 45 million weight boxes.
From the end of 2005 to the end of August 2012, domestic glass production lines and total production capacity increased by 1.98 times and 2.35 times, respectively; however, production lines and ineffective production capacity for cold repairs also increased by 10.14 times and 9.14 times, respectively. Some market analysts have indicated that the excess capacity in the glass industry is gradually emerging. Even without external intervention, market discipline will play a role. Work stoppages have become the choices that have to be made.
Demand is not optimistic
Continuing real estate control policies have a greater impact on the glass industry than other building materials industries. The new financial reporter was informed that in the first half of 2012, the domestic building materials industry realized a profit of 140.3 billion yuan, a year-on-year drop of 9%. Among them, the cement industry profit was 22.3 billion yuan, a drop of 51.4%; and even more tragic is the flat glass industry's net profit from the same period last year 2.66 billion yuan into a net loss of 490 million yuan.
The demand for real estate is cold, and the export demand for glass is also facing difficulties. Jia Qiujun introduced that in the world glass demand pattern, the demand for glass in Europe, China, and North America accounts for more than 75% of the total global glass demand. As a glass-producing country, China’s flat glass exports have been increasing year by year since 2002. In 2007, it reached its historical peak once in 2007 and exported more than 3 billion square meters annually. After the financial crisis of 2008, the debt crisis in Europe and the economic downturn in the United States led to a decline in consumer demand in major foreign markets. Glass exports have also been greatly affected and recovered slowly. In the past year, the growth rate of flat glass exports in China has basically remained at zero. Even below.
At this time, as another important demand side of glass companies, the auto industry cannot play the role of providing charity in the snow. The growth rate of domestic automobile production in 2011 has rapidly declined and is still less than 1%. The newly released semi-annual report of listed companies, such as vehicles and dealers, linked together in the automotive industry chain shows that the profit of automotive listed companies with their own brands as the main business is almost plunged, and dealers’ inventory has also increased substantially. Jia Qiujun said that the increase in demand for automotive glass can not make up for the decline in demand for other glass. It now appears that the policy of real estate control and automobile purchase restrictions has had a significant impact on glass demand.
Looks like it's getting warmer
Although the glass industry has encountered various difficulties, there are still people in the industry who are optimistic about the future. After a comprehensive analysis, Chen Xiaofei believes that domestic glass demand will still maintain a growth rate of about 6% in 2013, taking into account factors such as the cold repair and production of the production line. The reduction in production in 2013 is expected to be 0.2 billion weight boxes; the 19 production lines that were put into operation in 2013 will have an additional capacity of 50 million weight boxes. The glass production in 2013 was approximately 754 million weight boxes, an increase of 4.1% over the same period of last year. The supply was slightly lower than the increase in demand, which is an advantage for the glass industry.
There is no sign of relaxation in domestic real estate regulation. Some stakeholders in the glass industry have turned their attention to urbanization and infrastructure investment and construction. According to Chen Xiaofei, plans for infrastructure construction have been introduced across the country. In the future, urbanization will not only increase economic growth, but will also drive glass demand. Judging from the regularity of a price cycle in the glass industry for 3-4 years, domestic glass prices have risen in 2000, 2003, 2007 and 2010. Once the economic recovery and favorable policies are introduced, the glass prices in 2013 will again A step into a rising cycle can be considered as a high probability event.
In the dynamic world of industrial and commercial applications, the requirement for precision, durability, and functionality is paramount. This is where high-quality sliding bars and holders step into the spotlight as the ultimate solution for businesses seeking to enhance their operational efficiency and product quality.
These components are meticulously designed to cater to the stringent demands of B2B clients across various industries, including manufacturing, automotive, electronics, and more. Their robust construction ensures longevity and reliability under demanding conditions, making them indispensable in environments where precision movement and secure positioning are critical.
The sliding bars feature smooth operation and precise alignment, enabling seamless integration into complex machinery and systems. They are engineered with advanced materials that offer exceptional resistance to wear and tear, ensuring minimal maintenance requirements and extended service life. Moreover, these products come in a range of sizes and configurations, allowing for customization to fit specific application needs, from narrow precision mechanisms to large-scale industrial setups.
For B2B clients, the benefits extend beyond mere functionality. High-quality sliding bars and holders also contribute to improved safety standards, reduced downtime, and enhanced productivity. They are often part of larger systems that require precise control over components, leading to increased efficiency and cost savings over time.
In summary, high-quality sliding bars and holders are not just components; they are strategic investments in the future of your business. They offer unparalleled performance, reliability, and adaptability, making them the perfect choice for companies looking to optimize their operations and meet the highest industry standards. Whether you're a small-scale manufacturer or a multinational corporation, these sliding solutions are tailored to support your unique needs, driving innovation and excellence in your secto
Sliding Holder,shower holder bar,sliding shower head holder,shower sliding bar and holder,Slide bar
Kaiping City Kaipu Sanitary Ware Co.,Ltd. , https://www.china-kpo.com