The current situation of Shandong's color coated board industry can be analyzed from the following aspects:
Industrial foundation: Shandong's color coated board industry has a good foundation, with small and medium-sized enterprises gathering in Jinan, Zibo, Tai'an, and other places, forming industrial clusters. Large leading enterprises are also actively laying out, and their market share is constantly expanding. At present, Shandong's color coating production capacity is relatively abundant, with an annual output of 300 million square meters. The products are emerging, and the influence of representative brands has increased.
Supply and demand situation: In the first half of the year, due to the impact of environmental protection policies, downstream demand for automobiles and home appliances performed well, and the prices of colored coated boards in Shandong continued to rise. Specifically, the highest price for private zinc plating can reach 7370 yuan/ton, with a minimum of 5180 yuan/ton and a maximum price difference of 2180 yuan/ton. In addition, due to the rapid increase in coating prices in the first half of the year, downstream demand has performed well, and foreign manufacturing has stagnated due to the impact of the epidemic. Domestic plate coil exports have been good, and coating production enterprises have considerable profits.
Inventory situation: Shandong coating inventory continued to rise in the first half of this year, reaching its highest level in June. The highest value of galvanized inventory reached 290000 tons, the highest value of color coating inventory was 67000 tons, and the lowest inventory before the holiday was 29000 tons. Due to the rapid increase in coating prices in the first half of the year, downstream demand has performed well, and the manufacturing industry abroad has stagnated due to the impact of the epidemic, while domestic plate and coil exports have been relatively good. The profits of coating production enterprises are considerable, and with some steel mills adding new production lines, the utilization rate of steel mills' production capacity has reached the highest level of the year. Therefore, the coating inventory in the Boxing area continues to rise.
Future trend: Currently, the coating inventory in Shandong region remains high and unabated. The raw materials are driven by environmental news, and the market has expectations for reducing production in the second half of the year. Spot sentiment has been boosted, and the overall enthusiasm for speculation is relatively high. Coating prices in various regions of the country continue to rise, and speculative demand in the market has increased.
In summary, the current situation of Shandong's color coated board industry shows characteristics such as prosperous supply and demand, continuous increase in inventory, and high market sentiment. The future market will continue to maintain high activity and speculative demand.
