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Market demand recovery falls short of expectations. Glass prices rise first and then fall

2024-03-12
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Foshan Fuyuan Glass Technology Co.,Ltd

After the Spring Festival,the domestic float glass market prices first rose and then fell,and market demand recovered less than expected.On the demand side,most of the middle and lower reaches returned to work and production after the Yuanxiao(Filled round balls made of glutinous rice-flour for Lantern Festival).In addition,there was a small amount of stock before the festival,so the middle and lower reaches tended to be cautious in picking up goods.From a supply side perspective,the market production capacity increased at a high level in February,with most original film factories having high inventory levels and some factories experiencing inventory pressure.Therefore,in the situation of weak supply and demand,the price of float glass is under pressure and is declining.Zhuochuang Information believes that there is unlikely to be a significant improvement in short-term market demand,and the supply side is under pressure.It is expected that prices may still move downwards.

佛山市福原玻璃技术有限公司自1998年成立以来一直专注于玻璃热加工机械的研发制造。我公司为中国建筑玻璃与工业玻璃行业协会会员单位,广东省玻璃行业协会理事单位,获得广东省"名优产品"、"佛山市守合同重信用企业"荣誉称号。公司现生产的设备有8大系列通过欧洲质量技术...
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