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2017 Glass Price trend

  • Author:Fanyu
  • Source:Chinamirrormanufacturer.com
  • Release on:2017-11-22
Glass is formed by the melting of silica and other chemicals. The continuous network structure is formed during melting, and the viscosity of the cooling process increases gradually and hardens the crystalline silicate nonmetallic materials. So, what is the 2017 Glass concept unit? Let's have a quick look at it.
   2017 what is the price of glass?
Since November,GlassFutures overall presented a significant unilateral rise in the market, yesterday's main 1801 contract breakthrough 1500 Yuan/ton, the highest since March 2013, the end of the disk 1512 Yuan/ton, up 3.63%, the contract monthly cumulative increase of 14.81%.
   2017 Glass Concept Stock mixer
Analysts said that Shahe area 9 production lines in the last week to complete the implementation, to stimulate the emergence of a substantial price increase in the cargo market, traders store goods hype enthusiasm. At the moment, supply contraction is difficult to reverse in the short term, and it is expected that the price rally will continue until industry inventories rebound.
Thai Securities believes that in the short term, due to the production line of Sand river cut production capacity contraction, while the cost of raw materials such as soda to support the glass price, expected follow-up price is expected to continue to increase the trend, continued to pay attention to the follow-up regional production line adjustment progress.
In the medium term, the glass industry supply side after 16 years of high prosperity, the current actual capacity utilization rate in recent years, and the subsequent production of absolute increase in small, and with the 09-10-year ignition line gradually began to enter the intensive cold repair period, bringing at least 5% of the actual capacity reduction, supply side chain continues to We believe that the glass boom next year is expected to rise steadily.
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