Is the Falling Price of Shahe Glass Just A Matter of Time

(China Glass Network) Recently, the sales of glass have obviously declined and the inventories are starting to pile up, which is an unbalanced situation. The futures of glass will not continue to rise. Many glass enterprises in Shahe City choose to decrease the price for glass in order to reduce the inventories. The decline in price for glass products is only a matter of time.

The problem caused by the falling price is to reduce the price for future spot prices in other regions of China. The falling glass prices in Shahe City has a big impact on markets not only of Shandong and Anhui Provinces but also of other regions in China. At present, a declining price for glass is a common phenomenon in the off season of June and July. It should be noted that the reproduction of many production line in June to July will cause the prices for glass fall. After August, the large demands will drive the price up.