Recently, the price of glass fiber yarn is high and has toughness. The world has entered the economic recovery cycle, and the car recovery cycle is continuity (strong car production and sales data from January to May), wind power is better than previous expectations (as of the end of May, wind power installed capacity is 290 million kilowatts, a year-on-year increase of 34.4%), and demand is short-term Flexibility, there is room for long-term. The wait-and-see sentiment in the market is gradually heating up, and the mid-stream and downstream stocks are less willing to stock up, focusing on on-demand procurement; the low inventory level in May has rebounded, and it is still at the bottom of history.
The supply and demand of electronic yarn/electronic cloth are mismatched in stages, and the price is high and the support is strong. The single electronic gauze chain is the “crown jewel” of the glass fiber industry. The capacity expansion of CCL enterprises in 2020-2021 will be significantly faster than the previous period. The demand for electronic cloth is high and the mismatch between supply and demand is serious. Since the end of 2020, the price has ushered in a substantial increase. The tight supply and demand situation is expected to continue until 2022. It is believed that the price support is strong at this stage. In addition, the technical attributes of high-end electronic cloth are extremely strong, and Honghe technology ranks the first echelon in the world (the only one in China), and at the same time gradually realizes self-supply of high-end electronic yarn.
Hebei Yuniu Fiberglass Manufacturing Company Limited is a fiberglass material manufacturer with over 10-year experience, 7- year exporting experience.
We are manufacturer of fiberglass raw materials, Such asfiberglass roving, fiberglass yarn, fiberglass chopped strand mat, fiberglass chopped strands, fiberglass black mat, fiberglass woven roving, fiberglass fabric, fiberglass cloth..And so on.
If any needs, please contact us freely.
We will do our best to help and support you.
Post time: Aug-17-2021