Trade Resources Market View The Glass Price Has a Apparent Rigid Future Which Is Insensitive to The Market Demand

The Glass Price Has a Apparent Rigid Future Which Is Insensitive to The Market Demand

Seeing from the market cycle, we analysis the Eastern China’s glass price. And we find that, before 2006, the glass price has a apparent rigid future which is insensitive to the market demand. After 2006, the market futures appeared which began to present a certain periodicity. Based on the market survey,3 year is a glass price cycle. From 2006 to 2009, it is a complete cycle showing the price from increasing at the beginning to decreasing at the end. And 2009 to 2012 is another complete cycle.  Accordingly, 2013 to 2015 will be the third complete price cycle. So the glass price will keep rising till the end of 2013.

Seeing from the glass production and marketing, since 2009, due to the overcapacity and weak demand of real estate, the domestic glass stock level is rising increasingly which gave a great pressure to the flat glass price. In the first half of 2012, following the loose of national real estate policy, the glass demand is rising accordingly.  It is expected that the glass stock will reduce and the price will rise in the 2013.

The demand of building glass and auto glass will come back to life along with the building industry and auto industry getting warm. The building glass takes as high as 70 percent of the whole consumption of flat glass which is the main demand in flat glass industry. Comparing with Japan and South-Korea, the Asian developed countries, there is still much more developing room.

The auto industry is one of the emerging industries with the fastest developing speed. The auto glass begins to be familiar by customers. It is becoming the main consumption of flat glass, too, taking 10 percent of the whole industry.

Source: http://www.glassinchina.com/news/newsDisplay_19800.html
Contribute Copyright Policy
Glass Price Enter Into Upward Orbit
Topics: Construction