About Photovoltaic glass inventory is depleting quickly
The increase in demand drives the increase in glass demand, and inventory gradually declines, expected to drop from about 4 weeks at the end of February to around 20 days by the end of March.
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3 FAQs about [Photovoltaic glass inventory is depleting quickly]
How does glass demand affect inventory?
The increase in demand drives the increase in glass demand, and inventory gradually declines, expected to drop from about 4 weeks at the end of February to around 20 days by the end of March. Material Prices Decline, Inventory Reduction Expected to Increase Price .
How many tons of glass are there in 2021?
The glass capacity in 2021, 2022, and 2023 was 46,000, 81,000, and 105,000 tons, with a year-on-year increase of 35+%, 70+%, and 30+%. As of now, the domestic glass capacity is about 99,000 tons, plus 5,850 tons overseas. In Q1 2024, the industry added 3,100 tons of new capacity and 650 tons of resumption.
How many tons of glass a year?
As of now, the domestic glass capacity is about 99,000 tons, plus 5,850 tons overseas. In Q1 2024, the industry added 3,100 tons of new capacity and 650 tons of resumption. Considering about 3,500 tons of repair, the actual increase in Q1 is limited. Q2 is expected to increase, with capacity expected to be concentrated in Q3-4.