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Whether the Rise in Glass Futures Is a Trend or not

Post Time:Jun 03,2016Classify:Industry NewsView:492

China Glass NetworkGlass market in central China, Hebei Province and other regions in the first half of the year has outperformed than that of the first half of the last year. Investors thus have a higher expectation on the peak season of glass. According to some analysts, the rise in glass futures is just a conjecture with no actual evidence.

 

Experts claimed that although prices for glass are likely to increase in terms of spot goods, it cannot be reached at a single step. In terms of the policy of destocking and decapacity, glass prices will remain stable and even fall a little. Especially the rapid rise of prices for real estate of the first-tier and second-tier cities, the glass consumption of decoration  has appeared inflection point. This cannot be changed by personal willing. Currently, the glass futures remained on a slow-growth path.

Source: glassinchinaAuthor: shangyi

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