Flat Glass Exporting is experiencing rough situation, which reflects excess production capacity caused by blind expansion and the severe situation of the international market trade barriers.
Latest statistics issued by Qingdao Customs shows that flat glass exporting amount for the first ten months this year in Shandong Port is 4446 square meters, increasing 2.5% than last year, exporting value is 150 million dollars, dropping 12.3% compared with the same time last year. Average exporting price of flat glass is 3.4 USD/m2 , with dropping range of 14.4%.
The main reason that cause situation of “inventory increase while price falls” is the over capacity brought by disordered expansion, some manufactures take fare reduction as promotion way to gain the market share, which make the market out of order.
At the same time, price increasing of raw material also increase the cost of glass manufacturing and make the situation more difficult for manufacturers.
To deal with the current situation of glass exporting industry, related departments should strictly carry out the state macro-control, close the duplicate construction production line, eliminate backward production capacity and contain blind expansion momentum of flat glass industry. Independent innovation of the manufacturers should be encouraged, research & development of new products are also needed to improve product value.
