Glass Quotations Maintain Stable With Average Deliveries

(China Glass Network) Aiming to encourage glass manufacturers to enhance quotations in coordination meetings in Northern and Central China, the meetings also wants to lift up market confidence to push deliveries. However, the actual implementations are not quite positive. Only several companies surge their rates, while majorities continue to maintain current prices. Facing high inventories and pressure to cutting down storage, the manufacturers are hesitate to increase glass prices. Furthermore, production lines keep launching, which adds more pressure at supply-side. 

Based on current situation, glass delivering speed is staying around 80 to 90 percents. It is projected that market quotations will continue to drop in recent.