Since the aftermath of real estate spread to the glass industry last year, Shahe, as the national glass distribution center, is facing double high pressure of price and inventory. Since the Spring Festival, with the strong market expectations, the industry has seen a "good start" in a flash in the pan. Glass prices rose first and then fell. As of March 2, the average price of large glass plates in Shahe area was 1460 yuan/ton, -5.93% year-on-year, and the average price of small glass plates was 1348 yuan/ton, -6.91% year-on-year. The downstream trend of glass
in Shahe area includes real estate, decoration and warehousing. The market trend is affected by more factors such as inventory, futures and demand, and the market competition is relatively full. The processing plant terminal is mainly real estate, supplemented by home decoration. According to a recent survey by the
Digital Building Materials DataBM. Com, since February, the home decoration industry has been driving the sales of small plate glass in Shahe area, and since last year, all the cold repairs in Shahe area are small plate lines, so the overall supply and demand of small plate is healthier than that of large plate. However, due to the impact of high inventory, the price of Shahe small plate rose slightly after the year and then fell all the way in February, and the big factories led by Safety, Dejin and Zhengda led the price reduction. As of the time of publication, the price of Shahe 5.0mm small plate had dropped to 1348 yuan/ton, and it was not excluded that the price would continue to decline.
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