(China Glass Network) Since July, float glass price keeps rising. Especially in the last month, the increase speed even exceeds 10 percent. This situation solves the manufacturers worry, and they have a high expectation of sales on the second half year. According to the PPLcn statistic, by October 22, the float glass commodity index is 105.85 which creates a new record in this year. Comparing to the July, it increases 25 percent. From the half year’s sale statistics, Yaopi Glass’s (600819) float glass sale reaches 485 million taking 43.72 percent of the main business. Another float glass leader enterprise is Luoyang Glass (600876). Its float glass sale takes as high as 85 percent of the main business. Source: GlassInChina
Source:
http://www.glassinchina.com/news/newsDisplay_18849.html
