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Slow Deliveries Putting Extra Quotations Pressure

Post Time:Apr 03,2019Classify:Industry NewsView:2900

(China Glass Network) Glass spot market stays at a lower positions since weekends with weak market confidence. Deliveries from glass manufacturers are not met original expectations. 

With environment controlling policies withdrawing, road transplantation resumes normal. Traders purchased products in advance, which leads to recent slow deliveries. 

The sales-output ratio of manufacturers goes down gradually, which reaches 80 percents in Shahe, some of them even just have 60 percents. The sales promotions from several manufactures has ended by end of March. The new sales strategies from Shahe will announce after adjustments.

The sales-output ratio of Shandong also slides down a little bit, which only a few glass manufacturing companies are able to keep balance. With Qingming festival approaching, glass spot prices are projected to suffer more pressure.


Source: glassinchinaAuthor: Shangyi

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