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A glance at glass industry

Post Time:Nov 03,2008Classify:Industry NewsView:446

The whole glass industry has been making a large loss for the increasing production capacity this year. Glass production is not profitable now. But there are still two reasons for the firm price of glass:

1. Generally, glass price is adjusted later than cost price. The huge increase of prices of heavy oil and soda ash in the first three quarters escalates the price of glass.

2. In July and August, a large amount of glass production lines have been closed. However, those production capacities can be released at any time.

Under the condition, the future of glass industry is uncertain.

Source: GlassInChinaAuthor: shangyi

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