South China operating rate this week is 53.36%, -2.97%. Mainly due to the relatively obvious under the pipe, the four sample enterprises decreased by about negative 10% respectively; Profile changes little, the film material due to Foshan monthly electricity 3000-4000 sample enterprises decreased by negative 10%; Foam board due to several sample enterprises were reduced by minus 10-20%. One pipe company reported that it would shut down at the end of the month and reopen on the 1st of next month. Due to the inventory at the end of the month and high inventory, another pipe company reported that the orders were weak and the inventory of finished products was high, so it fell negative.
01
Pipe:
Overall situation of pipe:
The pipe sample operation rate was 43.85% this week, 4.43 lower than last week;
Raw material inventory was 16.24 days, up 0.6 days from the previous month;
Finished product inventory is 12.22 days (finished product inventory of sample enterprises is high); Monthly flat, pipe profile profit without loss.
The reasons for the above changes are as follows: the orders of A company continued to weaken after the National Day Holiday and the inventory was high, which further reduced the start of production, respectively by 10% for two weeks, and the total start of production this week was about 40%.
About 60% in the first half of the week, 40% in the second half of the week, and 50% in comprehensive operation. However, due to high inventory and month-end inventory (normal 1 day), the company stopped the inventory from 29th to 31st.
The two sample enterprises C and D also have 10% load reduction.
Other focus companies were little changed.
02
Profile:
This week tile profile sample starts at 60.63%, month-on-month flat,
Raw material inventory for 19.78 days, up 2.32 days from the previous month;
Finished product inventory was 8.43 days;
Month-on-month flat, tile profile profit without loss.
Sample enterprise. Futures break down this week, sample enterprises replenishment situation is very positive, respectively there are 300-1000 tons of replenishment. Pay attention to whether the orders continue in the later stage (according to the traditional peak season from November to the Spring Festival is the peak season for tiles)
03
Film material:
1. The operating rate of Foshan membrane downstream: the operating rate decreased by about 0.28% compared with last week, because one sample enterprise with monthly consumption of 3000-4000 decreased by 10%.
2. Foshan membrane products orders: about 7 days. Terminal order or short-term demand order mainly.
3. Foshan membrane raw material inventory: last week decreased by 1.05 days to 11.55 days. Each enterprise raw material in 7-20 days or so.
4, Foshan membrane profit: according to the recent material price accounting based on break-even. Some of the feedback of enterprises due to the start of discontent, overall is a small loss.
04
Floor foam board
The overall situation of foam board:
This week, the foam board sample operation rate was 60%, down by 14.29% from last month.
Raw material inventory was 3.43 days, up 0.62 days from the previous month;
Finished product inventory is 30 days; Compared with the previous five days, the order is weak, now mainly to the warehouse.
Foam board enterprises recently cut prices, profit at the edge of profit and loss.
Condition of floor
This week, the start of the sample enterprises was unchanged at 40% month-on-month, the raw materials were in a 7-day state, unchanged month-on-month, the inventory of finished products was 130 cabinets, and the order scheduling was less than 20 days, unchanged month-on-month. Profits are better.
Large flooring enterprises in East China have low operating rates of 70% AL, 60% BEand 50% ZY. those with high order scheduling are about 45 days, most of them do not send to customers for 30 days, and the feedback is that the inventory of finished products is high.
edge sealing
Banding sample enterprises started work at about 70%, month-on-month flat; Raw material inventory 90 days, finished product inventory is low, custom products do not do inventory; The order has 15 days, and the quarter is flat. Due to the high replenishment cost in the early stage, the profit is break-even.
05
Other:
1, PVC artificial leather industry operating rate: 60%-100%.
2. The order situation of PVC artificial leather is about 10-15 days, slightly higher than the previous period.
Post time: Dec-15-2022