Sale Price of Float Glass Keeps Increasing Since July This Year

(China Glass Network) Sale price of float glass keeps increasing since July this year, increase range of the product even passed 10% in the passed month. The market situation will no doubt drive sales rebound for glass enterprises in the latter half of the year. According to sales data of Yaohua Pilkington Glass in the first half year of 2012, sales of float glass is 485 million RMB, account for 43.72% of the prime operating revenue. In the report published by the company of the first half year, the company appears loss because of sluggish demand. The company took selection and transformation of the outdated capacity and upgraded the current three production lines. Another leading glass manufacturer of the industry, Luoyang Glass is specialized in production and sales of sheet glass with thickness of 0.55-25mm, max size of 4000mm×12000mm. Annual capacity of the company is 26 million standard cases. Sales of float glass occupies 85% of the prime operating revenue of Luoyang Glass in the first half year of 2012, with increasing of 40% compared with last year. With recovery of the price of float glass, downward pressure of the company will be relieved. Source: GlassInChina