mac cosmetics wholesale Glass industry market pri

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Glass industry: market prices driven by profit rise


And the export market continues to heat up, much to digest the original inventory. Major listed companies in the glass industry in mid-2007 report widespread gains across the board. Hong Kong-listed China Glass recently released interim results show that, in the first half compared with last year's sales soared 301% to 883 million yuan. Fuyao Glass (600660) 2007 mid-term report: first half sales revenue 2.23 billion yuan, an increase of 30%, net profit of 417 million yuan, an increase of 41%, a record company in history. Jin Jing Technology (600,586) in the first half realized main business income of 630 million yuan,tory burch outlet, an increase of 100.6%, net profit of 91.26 million yuan,mbt shoes ireland, an increase of 187.2%. Sub-products, the income of ordinary float glass to achieve 390 million yuan, an increase of 154.9%: high-grade float glass revenue 91.55 million yuan, down 28.9%: Ultra White Glass 130 million in revenue yuan, an increase of 352.4%. Recently, the National Development and Reform Commission issued Focus on the existing production line technological transformation and upgrading, the new varieties is limited to the development of special high-quality float glass production line. New float line should be mainly relying on the existing support of national key large enterprise groups, and other new projects to be approved in principle. Introduction of this policy, raising the concentration of the glass industry, glass industry,mac cosmetics wholesale, to optimize supply and demand structure, supporting the current boom of the glass industry, played an important role. This effect from the following set of data can be seen :2004-2006, domestic new float glass production capacity was 68 million, 80 million and 54 million weight cases, lead to excessive growth of production capacity oversupply, the price of glass in 2006 decline, resulting in industry-wide loss of $ 350 million. First half of 2007 only six float glass production line, with production capacity 18 million weight cases. In real estate, cars and driven by strong export demand, from January to July this year, China's flat glass production reached 286 million weight cases, an increase of 17.2% year on year growth rate 6.2 percentage points faster. Capacity expansion slowed, demand excess supply situation makes the glass industry, any significant relief, 6 August inventories up by the end of key glass enterprises have decreased significantly, the end of August stocks fell as much as 26.35%. Statistics show that in August, focusing on monthly production of flat glass glass business increased 13.8% year on year, monthly sales of flat glass increased by 14.0% year on year: the weight of cumulative production of 220 million glass containers, an increase of 15.1% : total sales of 210 million weight boxes of flat glass, an increase of 18.0%. Glass monthly cumulative sales growth rate is higher than output growth, demand growth is conducive to digestion and glass production and inventory. The Chinese glass, for example, in the first half of flat glass production l161 million weight cases, 198% more than last year. Local sales accounted for 62% of total sales, while export sales accounted for the remaining 38%. Currently, the Group has 14 production lines, daily melting capacity of 4780 tons. In addition,abercrombie ireland, the consumption structure is changing from an ordinary middle and low-quality float glass to float glass transition, and the original film-based consumer-driven transition to high value-added processed products. Experts expect the fourth quarter glass consumer will once again into the eight season. For glass production now than before with two glass production with an increase in demand, so supply and demand structure can still maintain a relatively moderate state. China Materials Procurement Network
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