Approaching to End of 2018; Quotations Maintain Steady

(China Glass Network) Approaching to end of 2018, glass spot market tends to be steady as well as manufacturers stick to current quotations. Since beginning of December, coordination meetings in Eastern China are held one by one. Facing lots of unfinished orders, quotations are up firstly, which provides good opportunities for manufacturers to push deliveries. However, along with order numbers declining, delivering speed reduces and inventories increase.

Delivering speed from Southern and Central China keeps a good pace due to end market demands are adequate. Due to cold weather in Northern China, glass demands decrease and some processing companies are preparing for holidays.