After-Holiday Market of Glass Still Appears Positive Trend and Price Rises Generally

After-holiday market of glass still appears positive trend and price rises generally all over the country. Price of Shenyang increases 1.6%, Beijing rises 1.8%, increasing range of Qinhuangdao is 1.2%-2.9%, Shanghai is 1%, Xi’an is 0.6%-1.2%, Zhengzhou is0.6%-1.2%, Chengdu is 1.6%-1.7% and Wuhan is 1.1%-1.7%. Expect Guangzhou City, most of the cities has rose price of glass products, especially that of Qinhuangdao district. Price coordination meeting will be held today while that of East China be held on October 15th and South China on October 12th. Price of crude oil dropped during the holiday, price of domestic fuel oil also decreased, which helps cut cost of glass production. There is no obvious change in stock removal and inventory of glass industry. Shipment of South China market is markedly increased while other districts keep good delivery speed. Rise of glass products is mainly attributed by growing demand of real estate industry. Main topic of he price coordination committees also concentrate on price controlling of the industry. Source: GlassInChina