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Glass Spot Market In Eastern China Tends To Stay Weak

Post Time:Mar 14,2019Classify:Industry NewsView:951

(China Glass Network) Glass spot market in Eastern China tends to be weak recently. Manufacturers are concentrated on pushing deliveries and receiving payments with stable market confidences. The amounts of flowing glass from Shehe to Eastern region increases due to competitive prices, which gives a big pressure to Luyuwan market. Some local manufacturing companies adjust their rates accordingly. Moreover, prices also drop in Central China, which influences Jiangzhehu region. 

With capacity of 700 tons, Xinyi in Anhui plans to launch the production line on 15th March, which adds supplying pressure. In general, demands from glass market stay lower and deliveries are hindered because of less purchasing.

Source: glassinchinaAuthor: Shangyi

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