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China Glass Composite Index on November 30, 2018

Post Time:Nov 30,2018Classify:Industry NewsView:1006

(China Glass Network) On 30th November, 2018 China glass composite index reaches to 1,144.98 points and drops 10.63 points from last month, which descends 27.15 points compared with last year. China glass price index stays at 1,171.92 points and falls 12.87 points more than last month, which descends 21.74 points compared with last year. China glass confidence index arrives at 1,037.23 points, dropping 1.68 points compared on month over month basis and falling 48.80 points compared with last year.

Although peak season already finished, glass spot market in November is better than expected with enhanced productions and sales ratio and steady spot quotations. Cutting inventories in Shahe processes smoothly and spot quotations also turn up, which also supports nearby market. Along with the spot market changing, due production lines also move forward as scheduled, which helps to alleviate the pressure between supplying and demanding. There will be more lines planned to be halted in following days and market confidence also gets cheered up.


Source: glassinchinaAuthor: Shangyi

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