The National Glass Average Price Presented General Increasing and The Stock Rate Declined

(China Glass Network) In the early October, the national glass average price presented general increasing, and the stock rate declined. The whole stock capacity remains 26.60 million weight cases, declined 0.28 million weight cases and 1.04 percent than previous month. In the second half of last year, the glass industry was endangered that leaded the decline of stock amounts. Now, the north enters into demand season, the Northeast China Region held a Northeast union meeting to call on the manufacturers catch this opportunity to destocking, and keep the current price stable. Xiangcai Securities thinks the peak of the stock in this week has appeared; The gross margin begins to rise, and a new period starts. Therefore, on one hand, we needn’t to be too pessimistic to glass industry; On the other hand, we should focus on the change of the demand market. Driven by the peak season, national glass industry prices tend to increase. There still has room to increase, but the cold repair capacity depressed the trends. The increase may be halted. Source: GlassInChina