Recent data released by China's National Bureau of Statistics shows that in October, the value-added output of large-scale industrial enterprises increased by 4.9% year-on-year in real terms. Among these, flat glass production reached 82.5 million metric tons, marking a 3.3% year-on-year increase.

From January to October, industrial output value of enterprises above designated size grew by 6.1% year-on-year. Flat glass production totaled 805.43 million weight boxes during this period, down 4.4% compared to the same period last year.

By major industrial category, October saw mining output value increase by 4.5% year-on-year, manufacturing grow by 4.9%, and electricity, heat, gas, and water production and supply rise by 5.4%.

By economic type, in October, value-added output of state-controlled enterprises grew 6.7% year-on-year; shareholding enterprises grew 5.2%; foreign-funded and Hong Kong, Macao, and Taiwan-funded enterprises grew 4.0%; and private enterprises grew 2.1%.

By industry, in October, 29 out of 41 major industries saw year-on-year growth in value-added output. Notably, coal mining and washing grew by 6.5%, oil and natural gas extraction increased by 1.9%, and chemical raw materials and chemical products manufacturing rose by 7.1%. Conversely, non-metallic mineral products manufacturing declined by 3.2%, ferrous metal smelting and rolling increased by 1.4%, non-ferrous metal smelting and rolling grew by 3.7%, and electricity, heat production, and supply expanded by 5.9%.

By product, in October, output of 313 out of 623 industrial products above designated size in China increased year-on-year. Among them, flat glass production reached 82.5 million weight boxes, up 3.3% year-on-year.

In October, the product sales rate of industrial enterprises above designated size was 96.4%, down 1.0 percentage point year-on-year. Export delivery value of industrial enterprises above designated size reached RMB 1.3245 trillion, down 2.1% in nominal terms year-on-year.

As an integrated internet platform providing benchmark prices, on December 10, the benchmark price for glass from SunSirs was RMB13.68 per square meter, unchanged from the beginning of the month..

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

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