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The Price of Float Glass Rises Quickly

Post Time:Jun 30,2009Classify:Industry NewsView:400

Up-to-date statistics investigated by Price Monitoring Center of National Development and Reform Commission showed that the average price of 5mm float glass in main cities in early June was 26.81 yuan/㎡, 0.84 yuan/㎡ more than last month. Price increase had average 3.23% per annum. The price in the investigated cities all had increased including Taiyuan, Ningbo, Nanning, Haikou, Panzhihua. Price in Heifei, Anhui, increase had average 8.87% per annum. Besides, price in 26.83% cities fell down. The most serious city was Zhoukou City in Henan where the price of 5mm float glass had decreased from 29 yuan/㎡ last month to 22 yuan/㎡. Price decrease had average 24.14% per annum. Other cities’ price held the same with last month. Gradual improvement in the relationship between markets supply and demand will push the price rise. The market confidence is recovering.

Source: GlassInChinaAuthor: shangyi

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