Downstream procurement pace slows down; glass companies' inventories stop decreasing and start increasing.

Downstream demand for glass is weak, and industry players are slowing their procurement pace. Company shipments have noticeably weakened compared to last week, and inventory levels, which had been decreasing, are now increasing. As of April 2nd, the total inventory of sample companies producing float glass nationwide was 73.65M standard boxes, an increase of 26k standard boxes or 0.03% week-on-week, and a year-on-year growth rate of 12%, reaching the highest level in nearly six years for the same period. The inventory days have increased by 0.3 days to 33.9 days compared to the previous period. Among them, inventories in Central China, North China, and Northeast China have increased, while inventories in other regions have decreased. (Longzhong Information)