Delivery is in Average; Glass Spot Market Tends to Be Normal

(China Glass Network) Glass spot market tends to be normal since weekends. It is difficult for manufacturers to keep balance between production and sales, leading to inventory accumulation increases compared on month over month basis. 

Delivery amount in Shahe is varied, with production and marketing ratio ranging from 40 percents to keeping even, while overall ratio stays around 70 to 80 percents. 

Hebei Changjiang Line with 600 tons capacity plans to launch in middle July and starts to receive advanced payment by lowering prices, which impacts other manufacturers. Lacking confidence in market, Southern China’s delivery is in average. The implement for raising quotations in Central China is in normal. Manufacturers only raise rates to local market while still keep previous prices for nearby market. Delivery in Eastern China is not good enough, some manufacturers are influenced by Shahe and offer rates less around 20-40 yuan. 

560 tons of Qinghuangdao Yaohua and 500 tons of Benxi Fuyao are scheduled to launch on 28th June. Shandong Dezhou Triumph Jinghua Line with 600 tons capacity delays to July for ignition.