Price trend

According to the monitoring of SunSirs, the price of glass in the spot market rose during the week. On July 29, the average price of glass was 19.3 RMB/ square meter, and on August 5, the average price was 19.5 RMB/ square meter. The price rose within seven days, with a range of 1.04%.

Market analysis

Glass spot market prices rose last week. The market trading situation in Shahe area of North China is general. The spot price of glass is slightly increased, the increase in sales price is stimulated, the market transaction is good, the downstream and traders are more active in replenishment, and the inventory is reduced. The market transactions in East China are generally stable. The price is temporarily stable, and the market operates stably. The overall production and sales in Central China are good, the market shipments are improving, and the replenishment efforts of downstream and traders are increasing. The spot trading of South China glass is general, the market is mainly stable, and the trading is fair. The production and sales in Southwest China are general, and the market situation is general. The inventory of most manufacturers continues to increase. The glass market trend in Northwest China is light and the demand is weak. The market trend in Northeast China is general, the downstream orders are general, and the inventory is slightly increased.

Market forecast

According to the prediction of SunSirs, the overall trading of the glass spot market improved last week. The increase in glass prices in some regions has driven the enthusiasm of traders and downstream processing enterprises to replenish goods and boosted market confidence. It is expected that the glass spot market will operate steadily and well in China in the short term.

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