Trade Resources Market View With The Global Economy Backing to Life,Domestic Macro-Economy Shows Great Potential

With The Global Economy Backing to Life,Domestic Macro-Economy Shows Great Potential

(China Glass Network)  With the global economy backing to life, domestic macro-economy shows great potential. The market has the confidence back, too. American GDP is up to 3.1 percent which creates a new record from the 2011. It is the signal of global economy back to confidence.

The flat glass industry demand mainly locates on architecture, auto and export, especially the architecture which takes 70 percent of the while glass consumption. Recently, the real estate obviously shows warm. Hundreds cities house prices have raised not a bit six month in succession. In building area about seven to eight month before the project put into operation, the contractors begin to purchase glass in big quantity. So the sale of glass is the signal of building industry good or not. Now, the real estate begins to enter spring, but it will take five to six month.

Limited by the seasonal factors, the demand in North regions has shrunk a lot. The glass industry still in cold winter.

Source: http://www.glassinchina.com/news/newsDisplay_19729.html
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The Report of Glass Industry of 2013
Topics: Construction