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Glass Market Keeps Descending

Post Time:May 21,2018Classify:Industry NewsView:3061

(China Glass Network) Glass market keeps descending since this Spring and turns to be a main trend. Price in Shahe continues to go down with average delivery and increasing costs of Soda ash, altogether leading market to a lower position. Drop range of glass stays around 1.5-2 yuan per square meter. 

Currently, the quotations of 5mm float glass is about 16.6-17.5 yuan/square meter from major companies is Shahe. Falling rates in Shahe squeezes its adjacent areas such as East, Central or even South China. For this week, price in North China decreases, which closely followed by East China. Central China remains steady while South China suffers turbulence with rates cutting down. It is estimated that East China will adopt interval adjustment for keeping stable market in a short term by holding meetings to protecting market from falling.

Source: glassinchina Author: shangyi

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