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China Glass Composite Index on July 6,2018

Post Time:Jul 06,2018Classify:Industry NewsView:1145

(China Glass Network) On 6th July, 2018 China glass composite index reaches to 1,152.83 points and increases 1.26 points, which ascends 68.18 points compared with last year. China glass price index stays at 1,182.32 points and gains 2.21 points more than last week, which enhances 85.78 points compared with last year. China glass confidence index arrives at 1,034.87 points and decreases 2.55 points compared on week over week basis, which drops 2.24 points compared with last year.

Spot market tendency is in average since beginning of July and current period inventory from manufacturers turns up with quotations raising in some regions to cheer up market. With normal performance from end-market, traders and processing companies discreetly observe market without big purchasing.

Analyzing from capacity, influenced by previous prices’ adjustment, Northern China accelerates recovery speed of production lines and other regions tend to follow up. Eastern and Southern China hold seminars to encourage market, which some manufacturers already rise rates slightly.

Source: glassinchinaAuthor: Shangyi

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