China's exports of glass products may rebound to 27% for the whole year
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He pointed out that after May 2009, glass prices have risen and this year continues to run at a high level last year. It is expected that the overall price for the whole year will be higher than that of 2009. The company's characteristic glass price has increased significantly compared with last year. With the release of production capacity in the second half of the year, it is believed that glass prices will fluctuate, but the magnitude will not be too large.
He said that the company had two new production lines in Jiangsu last year, one of which was put into operation in April last year with a production capacity of 6 million tons. The other was put into operation in April this year with a production capacity of 6 million tons. In 2009, the production was reduced compared with 2008, but the cost per ton this year increased by 300 yuan compared with 2009. However, it is expected that the annual cost volatility will not be large, or it will rise steadily. The sales price of this year's products will be adjusted according to market conditions. The gross profit margin was high last year, and the first five months of this year are still ideal. The company will regulate in the next two to three years, which will reduce the proportion of ordinary building glass, while the proportion of high value-added glass is expected to increase from the current 15% to 16% to 45%.
The Group's exports accounted for 28% of its turnover in 2008 and fell to 17% in 2009. He hopes to rebound to 27% this year. Due to the small proportion of exports to Europe, the European price crisis has a slight impact on the company. The company mainly exports to Southeast Asia, the Middle East, South America and Africa.
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