Downstream demand is slow to start, and glass companies' inventories continue to approach a three-year high.

Downstream demand is starting slowly, buyers are not showing strong procurement intentions, and producers’ sales and production are also poor. Company inventories continue to rise. As of March 5, the total inventory of flat glass sample enterprises nationwide was 79.637 million heavy-duty cases, up 3.629 million heavy-duty cases or 4.77% month over month. Year over year, it increased by 14.51%, continuing to edge toward the 3-year high. Inventory days are 35.3 days, up 1.5 days from the previous period. Inventories increased across all regions. (Longzhong Information)