Market Pressure Leads To Low Market Confidence

(China Glass Network) Recent glass spot market tends to stay weak. Due to insufficient market confidence, glass manufacturers focusing on pushing deliveries and receiving payments. Glass quotations in Southern China drops, which results in pricing dropping plans in Central China.

Glass rates maintain to adjust gradually in Shahe in order to push deliveries. In general, glass inventories in Shahe remain at a higher level, which drags down the purchasing speed of traders and processing companies. Glass deliveries in Northwestern China stays in average. Manufacturing companies decide to lower prices to attract clients for accelerating the delivering speed.