Transaction Prices Become Flexible To Cut Down Inventories

(China Glass Network) Ushering into Spring Festival, demands from end-market decrease in Northern China, which operation ratio of manufacturers also retrenches. Analyzing from deliveries, glass selling to Southern China is much better than local or Beijing Tianjin Hubei region. In order to push deliveries, recent transaction prices of thin glass in Shehe are adjusted, which total inventory climbs. After middle of this month, most processing companies will start holidays, which leads to inventory accumulations. Some manufacturers in Shandong was planning to raise quotations weeks ago, however, they decide to keep current rates or just enhance prices slightly for only a few glass products.