China sees 1st favorable fiber glass trade balance in decade

China reported a favorable tradebalance of 59.18 million US dollars of fiber glass during the first half of this year, the nation's first trade surplus in the material in more than a decade, according to customs in Chongqing in southwest part of the country.

China has become the second largest fiber glass producer worldwide with an output rising by seven percent annually to the current 500,000 tons.

From January to June this year, China exported 195,000 tons of fiber glass, valued at 280 million US dollars, up 60.2 and 61.4 percent respectively on a yearly basis.

Some 46.3 percent of the country's fiber glass was shipped to the United States, the Republic of Korea and Hong Kong.

Chongqing is one of the six major fiber glass producers in China, so are Beijing and Guangzhou, capital of south China's Guangdong Province. Enditem

600450 China sees 1st favorable fiber glass trade balance in decade glassonweb.com

See more news about:

Others also read

LandGlass Won the Silver Award at “The Third China Dual-use Technological Innovation Application Contest”.
The 2019 exhibition will be held in Guangzhou-Pazhou-Canton Fair from August 22nd to 24th.
Recently, LandGlass was named as one of the “Outstanding Private Enterprises in Luoyang - High Growth Innovative Entities” by the CPC Luoyang Municipal Committee and the People’s Government of Luoyang Municipality.
On November 22, the municipal office of civilization and office of credibility held the “2018 Credible Private Enterprises” commendation conference at the 2nd floor conference room of the Luoyang city hall.
Permasteelisa S.p.A welcomes the LIXIL Group Corporation’s announcement about the agreement with Grandland Holdings Group Limited, a leading Chinese architectural design and construction company, to terminate planned Permasteelisa transaction.
Asia’s No. 1 fenestration exhibition - FENESTRATION BAU China 2018 (”FBC”) concluded on November 3, 2018 in Beijing.

From industry

No. 160 Yichuan Rd.,
Jiaonan Shi
Qingdao Shi
Shandong Sheng, 266000
China

Add new comment