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North and South glass market gradually dwindled

  • Author:fanyu
  • Source:chinamirrormanufacturer.com
  • Release on:2018-02-06
With the approaching Spring Festival holiday, the demand of the downstream terminal market has started to decrease. The processing enterprises in the northern part of the country take holidays and the southern processing enterprises begin to take off next week. Due to the fact that some large-scale production enterprises in Shahe run quite in price in the early stage, the inventories of their own stock have increased by a large margin. According to the announcement yesterday, the actual settlement price has increased by 20 yuan today. At the same time, the warehouse has been rented out of the office to store the glass on its own. On the one hand, it shows optimistic about its optimism in the latter part of the market. On the other hand, due to its high inventories, a large number of throw-offs will cause market panic and other manufacturers to follow suit in the same proportion, which is not conducive to the normal start of market prices after the Spring Festival. While other manufacturers have already adjusted the price several times in the previous period, the price difference advantage with large-scale manufacturers is relatively obvious at present. Currently Shahe manufacturers and traders overall inventory has more than 100,000, is expected after the Spring Festival holiday will be far more than expected.
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