Glass industry: building energy efficiency and new energy policy are expected to be strong

In July, the price of float glass was 76.2 yuan/weight box, down 3.1% from June and up 14.4% year-on-year. The price of ordinary flat glass was 79.5 yuan/weight box, which was 4.2% higher than that in June and up 19.8% year-on-year. July 5mm floating white
Building-grade glass Shanghai Huaerrun and Guangzhou Yisheng decreased by 6.4% and 4.5% respectively in June, up 6.2% and 12.2% year-on-year.

In July, the price of CPCIA soda ash was 1,580 yuan, up 2% from June and up 34% year-on-year. The price of heavy oil was 4,300 yuan, down 3.6% from June and up 30%. In August, the price of high-grade heavy soda ash in East China was 1,380 yuan, the average price in July rose by 3.3%, and the price in July was 9%. The price of heavy oil in North China Petrochemical was 3,180 yuan, up 2.6% from the end of July, and the average price in July fell by 2.1%.

The next hotspot has been exposed! These stocks are likely to double quickly! What is the mystery behind the big rise and fall? Hundreds of billions of funds entered the market to snap up the stock list in July "glass-soda and heavy oil price difference" 15.4, a month-on-month decline of 11%, down 24% over the same period of the previous year, the first time this year, the year-on-year decline, than we expected August decline It was a month earlier. In 2010, the newly added glass production capacity will be 100 million weight boxes. With the release of production pressure, the expected “price difference” will show a downward trend. According to the historical fluctuation cycle of glass, this round of “price difference” will increase for 4 quarters, and the expected decline will be 4 quarters. . . . In July, the output of BMI key glass enterprises increased by 19% to 30.51 million weight boxes; the sales of glass was 31.48 million weight boxes, which increased by 7%, and the cumulative sales increased by 10%. In July, the national glass output increased by 10%. In June, the national glass exports increased by 2%, down 18% from the previous month, and the export value increased by 27%, down 19% from the previous month. In June, automobile production increased by 17%, and the cumulative growth rate was still 42%. The monthly output decreased for the fourth consecutive month.

On July 22, the new energy plan will be reported to the State Council for approval. On August 2, the Ministry of Housing and Urban-Rural Development counted energy-saving for 79 buildings in civil buildings. August 4th "Jiangsu Province Energy Conservation Regulations (Revised Draft)" for comments. Focus on energy conservation on August 5: The Ministry of Housing and Urban-Rural Development will push the door and window energy-saving logo. On August 11th, the National Development and Reform Commission: five provinces and eight cities to carry out low-carbon pilots; Shanghai introduced building energy incentive measures; Hebei introduced new energy industry "12th Five-Year" development plan.

Building energy conservation is deeply rooted in people's minds, local and national policies, and the policy for Lowe energy-saving glass is still in the process of expectation. Affected by news reports that the recent energy plan is about to be approved and the price of polysilicon has risen from 50 to more than 60 US dollars, the stock price of the new energy sector has been surging, which has led to CSG, Jinjing Technology (financing project super white and lowe glass), AVIC Sanxin (Similar) Glass stocks with new energy and building energy conservation concepts are moving. The gross profit of CSG float glass, lowe engineering glass and solar panel is 50%, 24% and 21%. In the second half of the year, the gross profit margin of float glass will face downward pressure. The latter two are domestic giants of building energy conservation and new energy, and market demand is driven by policies. The event opportunity lies in building energy efficiency and new energy policy, and it is still the recommended leader for our sector. After the equity incentive tax rate is locked, different management interests and investors tend to be consistent with the past.

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