Glass Spot Quotations Surge

(China Glass Network) Glass spot market tends to surge in recent due to increasing demands from end market. Glass inventories start to decline in several regions. Some manufacturers in Shahe enhance their thin- glass prices to stimulate market, which other companies may follow up. Most companies in Central China begin to increase 1 yuan per weight box, which the raising rates also occur to glass manufacturers in Eastern China between 0.5 to 1 yuan per weight box. Several companies in Southern China also adjust themselves from 1 yuan to 1.5 yuan per weight box. However, the market reaction is yet to be observed. Glass spot market is projected to rise in the near future.