SMM Analysis: Glass Market Rallies, Halting Furnace Cold Repairs Amid Price Surge

[SMM Analysis: Rapid Improvement in Glass Market, Planned Cold Repair of Furnaces Halted]

As of February, the new glass prices are as follows: 2.0mm single-layer coating (11.5-12.5 yuan/m²); 2.0mm double-layer coating (12.5-13.5 yuan/m²); 3.2mm single-layer coating (19.5-20.5 yuan/m²); 3.2mm double-layer coating (20.5-21.5 yuan/m²); 2.0mm back glass (9.5-10.5 yuan/m²).

Currently in February, the domestic glass price center remains unchanged compared to January, with the mainstream quotation center for 2.0mm at 12 yuan/m² and back glass prices stable at 10 yuan/m². With the rapid recovery of demand, the supply shortage of glass in H1 is expected to become evident, strengthening the upward price trend. Some planned cold repairs of furnaces have recently been canceled, and subsequent production is expected to increase.