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Heavy Oil Price Up, Glass Profit Down

Post Time:Jan 23,2013Classify:Industry NewsView:350

(China Glass Network)  The heavy oil price is up. The soda ash and heavy oil price are respectively 1300 yuan per ton and 4600 yuan per tons which are flatted and 150 yuan per ton than last month.

It is expected that, the demand will weaken seasonally. Whether the future demands changes depends on the future real estate market. The stop furnace rate is flatted year-on-year and the inventory is a little down.

Till the mid of January, the inventory level still keeps on a high level. And the gross margin is 5.4 percent, 1.1 percent down than the same period of last year.

Source: GlassinchinaAuthor: shangyi

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