1. Market Overview
In March 2020, the Foshan ceramic price index reported 82.55 points (83.38 points in January), a month-on-month decrease of 1.00% and a year-on-year decrease of 16.01%. The architectural ceramics series index reported 79.73 points (80.75 points reported in January), a month-on-month decrease of 1.26%, and a year-on-year decrease of 18.64%; the sanitary ceramics series index reported 99.50 points (99.15 points reported in January), a month-on-month increase of 0.35%, and a year-on-year decrease of 0.5%. This month, the architectural ceramics series index fell below 80 points for the first time, and the sanitary ceramics series index showed a slight upward trend. The market demand for most products is weak, prices continue to fall, and manufacturers' shipments slow down. (Note: In February, ceramic companies were closed, so there is no price index trend data to provide)
Analysis of index trends in February and March
In March, affected by the COVID-19 epidemic, the overall price index of Foshan ceramics continued to fall. The "price-for-volume" feature of various categories of products was obvious. However, manufacturers' order volumes dropped sharply, and the market continued to be sluggish and downward. According to the Foshan Ceramics Price Index Monitoring System, in March, the architectural ceramics series index fell below 80 points for the first time, with most of the declines in various sub-indexes. Polished tiles and marble tiles suffered larger declines, falling 19.15% and 25.35% respectively. Other building types The ceramic-like index increased by 46.35%, mainly due to the sharp increase in the lower category of products, mid-plate (unilateral specifications of mid-plate are between 1200mm and 1800mm). The antique brick and porcelain tile indexes rose by 9.14% and 8.59% respectively. The "both volume and price" of modern antique bricks with single-sided specifications <400mm and porcelain tiles with single-sided specifications between 400mm and 800mm reduced the decline in the overall index.
Judging from the index trends of various categories of products, the single-sided specifications of modern antique bricks ≥800mm and the single-sided specifications of ceramic tiles between 400mm and 800mm have the largest increases, rising by 31.91% and 11.31% respectively, and the transaction volume increased by 8.5% respectively. , 11.5%; products with larger decreases include: marble tiles with single-sided specifications ≥800mm, and polished tiles with single-sided specifications ≥800, which fell by 25.17% and 18.94% respectively. The average transaction price fell by 18 yuan/piece respectively, and this month it was 25 yuan/piece. , the transaction volume dropped significantly; medium plate (the unilateral specification of the medium plate is between 1200mm and 1800mm) is more favored by engineering purchasers this month, and the index rose month-on-month.The margin reached 45.91%, and market sales hit a new high this year. Taken together, the architectural ceramics market in March was affected by the large price changes of some products, the index fell deeply, and there was a lack of strong factors to boost market transactions.
As for the sanitary ceramics series index, the index value this month showed a slight increase compared with the previous month. The squatting toilet and urinal index rose by 6.29% and 3.43% respectively, and the face wash basin index fell by 4.66%. The amplitude of other indexes was within a rational range. fluctuation. Affected by factors such as insufficient supply of raw materials and rising labor costs, the prices of squat toilets and urinals have continued to rise. This month's transaction volume has dropped by 25%. Affected by increased product inventory pressure, the price of face washers has dropped significantly. This month's index The decline increased; the prices of floor-standing urinals and wall-mounted urinals increased slightly, and market demand was less affected by the market. Representative products with significant price increases include: smart one-piece floor-standing toilets and squat toilets. The average prices this month are: 896 yuan/piece, 350 yuan/piece, an increase of 120 yuan/piece and 100 yuan/piece, compared with the previous month. The volume showed a decrease; the average price of face washers this month was 350 yuan/piece, down 80 yuan/piece from the previous month, and the transaction volume fell 25.5%; the price index of sanitary ceramics changed slightly this month, and the prices of most representative products were at high levels. The market Demand has dropped significantly.
The reasons for the index trend in March and the market outlook forecast analysis
Taken together, in March, as the operating rate of enterprises stabilized, the production progress of various products accelerated. However, affected by the COVID-19 epidemic, the market situation was still in a sluggish trend. Most products were oversupplied, and the market profit margins continued. Being compressed, manufacturers had to lower product shipping prices. It is predicted that in the coming period, the Foshan Ceramics Price Index will continue to be in a weak trend due to the impact of market conditions.
(Source: Foshan China Ceramics Group Co., Ltd.)
