(China Glass Network) After the spring festival, the companies located in South China and East China began to raise the glass price. And the spot market is on fire. Though it will take a period of time to make the glass demand back to normal level, but it is a good signal for market, and we expect its coming .Said the Chief of Operating Officer of China Glass Information Network Chen Xiaofei.
Due to its special influence, Jiangsu Farun took serious on price rising. The regional warmer and price rising drive the market confidence back. He added. Till the February 19, China glass price index was 1018.07, and the market confidence was 1165.22 which were all high than last period. The manufacturers' confidence were apparently high than glass processors and delivery companies.
The year of 2012 is the coldest year in glass industry history, and fortunately, the industry had survived from it.
The glass market is possible to rise. according to Jiao Yonggang, the manager of Jinjing Technology. before the spring festival, the inventory level was obvious lower. And past the festival, the middle and down stream deep processors usually make up for the inventory seasonally which has a great impact on glass price. Besides, the real estate industry turns well and it will drive the glass demand up.
