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Glass semi-annual report
Float glass production line starts usually lag behind the spot price changes, so while prices weaker but starts or not downward, the speed of the supply contract or in the short term is less than the speed of falling demand, inventory is likely to continue to go up. But as a result of float glass...Read more -
Glass rebound is unsustainable
Glass futures strong rise again, 1609 contracts since low of 973 yuan/ton, rebound to the recent high of 1060 yuan/ton, up nearly 9%. In the medium term, however, this wave of rebound of 1609 contracts unsustainable, later in the 930-930 yuan/ton range oscillation of probability is bigger. The sp...Read more
