The advantages brought by Glass Futures to the Industry

(China Glass Network) Glass future is expected to come into the market in early July, this is the second new futures this year after the appearance of silver futures, which has great significance for the whole futures market.

Improve the discourse power of China and get pricing rights.

China is the largest glass manufacturing and progressing country all over the world, but not the most powerful one. After the list of glass futures, glass futures can not only be the benchmark price of domestic glass industry, but also provides benchmark price with credible and help to lay the foundation for transforming to powerful manufacturing country.

Glass futures will provide financial support and production guidance for the enterprises.

Enterprises of different links of glass industry can take advantage of glass futures as lever to improve utilization rate of capital. They can also add management methods by futures market to improve profitability and strengthen competitiveness. With the combination of delivery product, it can guide the industry in product adjustment, weed out outdated capacity and promote development of the industry.

Provide hedge tool for glass enterprises.

Price fluctuating of glass industry is rather great, which calls for urgent demand of hedge. Glass futures is no doubt the best choice.