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Steady Delivery With Slow Growth Of Prices

Post Time:Aug 30,2018Classify:Industry NewsView:1386

(China Glass Network) Glass spot market grows since middle of August, when it compared with July. Traditional peak season is approaching.

With rising quotations from manufacturers, some traders accelerate purchasing speed. There are three production lines shut down in Shahe, which reduces capacity but facilitates to raise local rates. 

Moreover, inventories from many large-scaled manufacturers drop. Given the considerations of recent prices enhancing, current market quotations stay at a relatively high position. Therefore, market needs time to digest high prices and prepare for a new round of prices surging.

Source: glassinchinaAuthor: Shangyi

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