Glass Price Index Link Relative Ration Rises 0.5% on The Beginning of The Month

(China Glass Network) recently, Guotai Junan Futures released glass and glass product industry weekly. Glass price index link relative ration rises 0.5 percent on the beginning of the month, and on the middle of the month, the price warms up a little and the discontinued production line rate decreases a bit. The national general glass price picks up from the bottom, and profit recovery trend is gradually formed. The whole industry maintains outperform grade. Noted companies: Kibing Group, Southglass A, Jinjing Technology. Fangxing Technology, Xiuqiang Stock, Almaden, Northglass, and Catic Sanxin. The weekly reported that, the glass price index is 71.3 on the beginning of September, year-on-year drop 6.0%, and link up 0.5%. North-central region begins to warm up, and Eastern China’s price rises. As long as the price of heavy oil continues increases, the cost of glass also adds. Source: GlassInChina