Glass Manufacturers Stabilize Market Quotations

(China Glass Network) Glass manufacturers from Luyuwan region held industrial coordination meetings in Tengzhou, Shandong Province for stabilizing the market confidence and encouraging traders to enhance purchasing amounts to ensure normal delivering speed. 

Analyzing from end market, glass demands drop slightly, which is not enough to support current spot quotations. Glass prices are relatively lower in Hubei and Shahe regions, which impacts Eastern China a lot.

Delivering speed in Shahe accelerates as well, especially to the buyers in Eastern China. As for supplying end, there are 2 production lines scheduled to launch, leading to supplying amounts surging.