Trade Resources Industry Views Market Price of Glass Industry Keeps Pattern of The Past

Market Price of Glass Industry Keeps Pattern of The Past

(China Glass Network)Market price of glass industry keeps pattern of the past,market of North China frequently raised price and South China keep stable.New production lines with capacity of 600 tons by Xinjiang Guangyao Ignited recently,however,it has no significant influence for mainland glass market.

Price of soda ash is low and most of the enterprises are in loss.The international crude oil market continued to decline in the near future,which will cause small impact on fuel prices.

Trend of downstream market demand

Real estate industry:With trading volume rebounded,housing price of few cities raised slightly,there is no over sharply rebound in the country.Local government will unswervingly implement regulation and control policy for the real estate market and restrain demand for investment,to promote stable and healthy development of real estate market.

Auto industry:Report from PWC indicate that output of auto industry will increase 6.5%to 79.6 million and 2 million are from the U.S,Canada and Mexico.The growing amount of China is 1.5 million while output of Europe will decrease 900,000.It's expected that global output of auto industry will reach 108 million with annual growth of 5.6%.

 

 

Source: http://www.glassinchina.com/news/newsDisplay_18433.html
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Glass Downstream Industry Shows Short-Term Bullish and Inventory Reduce Gradually
Topics: Construction