Quotations Adjustment In Eastern China For Lowing Inventories

Several manufacturers in Eastern China have put forward their sales policies for Spring Festival, which majorly focuses on lowering prices with no clear limitation of products quantities and categories. At this moment, there are only two manufacturing companies adopt sales policies, others are expected to follow up later.

Regarding quotations adjustment ranges, it is estimated to surpass previous expectations with big scope, which reflects market is lack of confidence for future spot glass. Meantime, some manufacturers in Central China also plan to enact sales promotions to reduce prices. The pricing adjustments in Eastern and Central China also influence Shahe for their trading with nearby market.