Glass Rates Stay Steady; Demands Tend to Decline

(China Glass Network) Glass spot market tends to be stable in general. Pricing adjustments become less often while manufacturers mainly want to push deliveries and retrieve payments.

With declining orders received by glass processing companies in Northern China, the delivering speed also inclines to be stable, yet production and sale ratios from some manufacturers weaken.

Given conservative considerations on future market, both processing companies and traders have no intention of storing goods. However, manufacturers stick to current prices at this moment, due to sufficient capitals and available resources.