Report Shows Recovering Chinese Glass Industry, Despite Continuing Problems

According to a recent report from Research and Markets, the Chinese glass industry is recovering from a period of depressed prices caused by rapid development and overcapacity (China Stock Listed Glass Company Report, 2006-2007).

From 2006-2007, the pace of glass output has slowed, prices for flat glass stopped declining, and fuel and raw material prices have fallen, according to the release.Government regulations to control production capacity and improve quality will likely help the industry’s recovery to continue.

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600450 Report Shows Recovering Chinese Glass Industry, Despite Continuing Problems glassonweb.com
Date: 26 September 2007
Source: www.glassmagazine.net

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