QINGDAO MORN BUILDING MATERIALS CO.,LTD Your turnkey China tempered glass/laminated glass/insulated glass supplier China Float glass price increase in May,2021 Early May,2021, over 50 float glass manufacturers in China announced price increasing plan.Including China core glass manufacturers for example Jinjing glass,CSG,SYP,XYG glass.The price adjustment not only include float glass,but also low-E coated glass,mirrors,low iron glass,etc. Now average ex works price for clear float glass is USD 405/MT,which was almost double times that of May,2020. In the post in 2020,https://www.mornglass.com/float-glass-price-increase-in-may.html, the float glass price almost reached its lowest point in the past decades because of COVID-19,but increased since 2020.May. The fast recovery and re-start of construction works in China brought huge power to glass price increase,with the recovery of oversea projects,float glass requirement reached a peak in Jan,2021.Factories had to rush out all the orders before Lunar new year.After the holiday,the recovery becomes more strong and push price to a higher point. Add:Room A304,Shengxifu Road,NO.209 Weihai Road,Shibei Di1strict,Qingdao,China,266024
[email protected] QINGDAO MORN BUILDING MATERIALS CO.,LTD Your turnkey China tempered glass/laminated glass/insulated glass supplier The same situation happened to glass future trading,the future trading price reached USD455/MT,which is 2.5 times that of 2020,May. This round of glass futures price increases began in middle March this year, mainly due to strong demand in the glass spot market, in addition to the expectations for the traditional peak sales season in September.Glass future price reached its highest point since 2012.