The float glass prices are showing localized softening

Today, the domestic 5mm float glass market remains stable with slight fluctuations. Among them, the North China market shows little change, with production companies’ shipments remaining relatively flat and flexible adjustments in terminal sales prices; the Northwest market has lowered quotes by 10 yuan/ton, and market transactions still mainly involve low-priced sources; other regions continue to maintain stable prices and shipments, with some regional differences in shipment conditions. The overall market sentiment is relatively calm at present, with float glass companies mainly focusing on destocking and increasing volume; in the short term, there are limited plans for line maintenance, and supply may rebound later, coupled with overall weak demand, so the pressure for inventory reduction among raw sheet producers still exists. (Polydo)