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Enough Capitals Lead To Less Pressure

Post Time:Jan 11,2019Classify:Industry NewsView:996

(China Glass Network) Glass spot quotations keep steady in the current slack season without any further adjustments. General inventories are under control with no successive accumulation and Spring Festival is approaching, therefore manufacturers have no further plans of lowering rates.

Apart from a few regions are undergoing adjustments, most of manufacturing companies maintain current rates. With order numbers retrenching in the end of lunar year, glass purchasing amounts from processing companies also drop. Some of them even start to have holidays in next week. At this moment, winter polices are only applied in Northern China. Other regions are still pending.

Source: glassinchinaAuthor: Shangyi

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