Glass Market Holds A Conservative Position

(China Glass Network) Glass market holds a conservative position across the country. Eastern and Northern regional coordination meetings are closed, which glass sheet manufacturers announce to enhance 1 yuan per weight box to echo the meeting encouragement, yet the actual implementations are to be further observed. 

Due to traffic controlling and rainy days, glass deliveries in Shahe are restricted. Southern China also focuses on cutting down inventories, influenced by the nearby market, the local manufacturing companies still surfer high inventories. Enacting sales promotions for storing goods, manufacturers in Northwestern China hope to handle storage within reasonable ranges. 

Analyzing from current situations, demands from end market maintains at a weak position and supply-side pressure continues to increase.