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SunSirs: China Glass Inventory Growth Slows Down on June 24
June 25 2021 14:39:41SunSirs(Selena)

Commodity name: glass

Latest price June 17:  35.06 RMB/ m2

On June 24, glass spot market was stable, inventory growth slowed down, and prices in some areas were adjusted sporadically. In North China Shahe, the shipment of enterprises is fair, the inventory of enterprises is low, and individual manufacturers have slightly increased. The overall trend of glass spot market in East China is general, and the inventory increases slightly. The production and marketing in Central China are fair, the export volume of enterprises is increased, and the spot price of glass is stable. South China's glass shipment is better, downstream replenishment is more active, individual enterprise prices have increased. On the whole, there is no pressure on manufacturers' inventory for the time being, price fixing is the main operation, downstream procurement is more cautious, and traders' transactions are more flexible.

In the short term, the price of glass spot market will continue to consolidate in China.

 

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