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Many Production Lines Recovered,what Is The Price Trend Of Float Glass?

For handling upcoming peak season in September and October, capacity recovering speed accelerates. According to statistics, 500 tons of Anhui Xinyi line already puts into operation. Two lines of Benxi Fuyao with total 1,400 tons capacity, 400 tons of Hubei Minghong, 600 tons of Triumph Jinghua, 600 tons of Henan CSG and 1,200 tons of Wuhan Changli are going to operate respectively in July and August.

Successively igniting production lines brings extra capacity compared to market needs, which restricts glass quotations enhancing recently. If recovered capacity is controlled, the supply pressure will increase accordingly.

Analyzing from demanding end, downstream market such as real estate industry stays at weaken position, although the supply margin shrinks since May. Supplying amount surpasses demands since the beginning of 2018, thus offerings and needs are imbalanced. It is suggested to observe market discreetly at this moment.

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