Glass Quotations Weaken with Normal Delivery from Northern China

(China Glass Network) Recently, glass quotations weaken with normal delivery in Northern China. With 70 percents of productions and sales ratio in Shahe and accumulated storage, some manufacturers dropped rates for sales promotions yesterday including safety large panes lowering 60 yuan. Small panes keep prices unchanged, however, it is expected to be influenced by the decreasing rates of large panes.

Meantime, markets near Shahe are estimated to gain more pressure by prices declining in Shahe. After completing the first half year fiscal reports, manufacturers in Southern China raise 20 yuan today, yet others remain to observe due to the lack of market confidence. Some manufacturers in Northern China are scheduled to ascend rates on 1st July in order to cheer up market.

In general, under rainy season’s influence, prices may fall firstly and will raise again when the traditional peak season comes. For operation, current prices in Shahe range from 1,480 to 1,530 yuan. It is advised to operate based on turbulent tendency and pay close attention to the varying inventory in the industry.