Insufficient confidence in the glass market - manufacturers run at a price
Judging from the recent trend of the glass spot market, it is still in a weak position, and the market confidence is insufficient. Although some listed companies in South China have completed the financial data for the first half of the past two days, they want to raise prices to boost market confidence. Most of the manufacturers in other surrounding areas are mainly wait and see, and there is no positive response and follow-up. The overall response was still due to poor demand in the end market, and orders from processing companies declined year-on-year. In particular, factors such as environmental protection in the Shahe area have affected the operating rate of glass deep processing enterprises, resulting in export to surrounding markets.glassThe number of cases increased by a large margin year-on-year. From the manufacturer's mentality, try to run at a very high price, and hope that the terminal market in July and August will increase demand and drive up the spot price. It is worth noting that the amount of glass production capacity recovery and increase in August is also relatively large.
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