Delivering Speed Slows; Market Maintains To Observe

(China Glass Network) Pricing coordination has enacted by many manufacturers in different regions for cheering up market and pushing traders to purchase glass. However, the actual reaction from the market is not as good as expected. Influenced by fewer operating processing companies and less orders, delivering speed from traders slows, which also drags down the purchasing amounts and frequency from glass manufacturers. Especially in Shahe region, inventories of traders are kept at a high level, which some of them already started to lower prices for retrieving payments. There is a big difference between planned prices and actual selling prices. Most manufacturers remain their current prices, while some of them even drop a little bit in order to push deliveries.