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Glass industry trend

1) Reduction of production at the supply end, strict environmental protection and shutdown of the kiln are the main drivers;                                                                                                                                                                                                                           2) The demand is slightly weakened;                                                                                                                                                                                                                                                                                                                                                  3) The cost pressure link is soda ash, and the fuel will not change significantly next year. During the winter heating season, the price of natural gas in the northern region did not rise particularly large. Last year, the natural gas used for heating in the Beijing-Tianjin-Hebei region increased more. Last year, the natural gas price fluctuations for industrial use did exceed the previous expectations, and this year the natural gas supply chain The preparations are sufficient, and the price of natural gas in the northern region has risen this year, but it is far less than we expected.                     

                                                                                                                                                                                                  4) The price difference between the various regions will have a balanced process, while the Shahe area was originally a price-sloping situation slightly improved;          

                                                                                                                                                                                                  5) the glass industry environmental protection continues;          

                                                                                                                                                                                                  6) new environmental standards (sewage permits, Regional standards between regions) will have a relatively large impact on manufacturers.