SunSirs: On March 18, the Spot Market Price of Glass Was Lowered
March 21 2022 15:11:43 SunSirs (John)
The latest price on March 18: 25.44 RMB/square meter.
Analysis review
On March 18, the glass spot market ran weakly and steadily. In Shahe, North China, traders were mainly flexible in shipments, while downstream processing plants replenished as needed, and logistics in some areas were hindered. The overall production and sales of the East China market had weakened, and the purchase of goods was cautious, and manufacturers were under great inventory pressure. The overall production and sales in Central China were average, and the market price of glass was lowered. The South China glass spot market was running steadily, and the downstream was more wait-and-see, and the purchase was mainly just in need.
Market outlook
In the short term, the glass spot market is weakly consolidating.
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