Glass Quotations Stay Steady in Eastern China

(China Glass Network) Glass quotations stay steady for Eastern China recently. Deliveries from manufacturers are maintained with rates increasing. Current glass spot market in Eastern China inclines to enter into busy season. Although some manufacturers’ inventories keep at a higher position, the general market inventory goes down, when it compared with last month.

After adjustments in August, manufacturers’ profits turn up, which is 130 yuan higher than last year. Orders received by processing companies are in average, while traders continue to keep cautious for following market tendency with steady purchasing speed. Spot glass prices in Eastern China are expected to keep stable in the short term.