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Glass Prices Rose Slightly, Many Enterprises Continued to Stop Production

Post Time:Feb 15,2012Classify:Industry NewsView:237

(China Glass Network) Judging from price indicators, building glass’s price rose slightly, low-e glass’s price remained, auto glass’s price didn’t change except CSG Guangzhou.

 

According to the information of industry website, the manufacturers in South and Central China increased the prices slightly. And manufacturers in North China had intention to raise the prices. Enterprises only increased price by RMB 1 for large stocks in East China. So future trend still depends on demand.

 

Few new production lines were started since the fourth quarter of 2011. Moreover, many enterprises continually chose to stop production. At present, the proportion of stopping production reached 29.58%. Manufacturers are in the inventory stage since November 2011.

 

Glass prices rose slightly in the short term. This is the annual convention for manufacturers increasing prices before busy season. The industry profit is low now. And the possibility of serious deterioration is small in the future.

Source: glassinchinaAuthor: shangyi

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