According to the Commodity Analysis System of SunSirs, the spot market price of glass rose first and then fell this month, with a slight overall decline. On October 1st, the average price of glass was 23.41 RMB/square meter, and at the end of October 30th, the average price was 23.31 RMB/square meter. During the month, the price decreased by 0.43%.

In October, the spot market price of glass rose first and then fell, with a slight overall decline. In early October, the overall production and sales situation of the glass industry was good, with active replenishment in the middle and downstream markets and a downward trend in enterprise inventory. In the middle of the month, the spot price of glass slightly decreased, and the overall industry production and sales situation in the market was average. The overall outbound situation slightly slowed down, and the overall inventory of enterprises still showed a downward trend. In the latter half of the year, the overall production and sales situation of the glass industry was average, with shipments slowing to varying degrees in most regions. The market was cautious in trading, and the trading situation was relatively light, with market prices slightly decreasing again. As of now, the market quotation in the Shahe region is around 22.6 RMB/square meter to 22.9 RMB/square meter.

According to data released by the National Bureau of Statistics on October 18th, China's production of flat glass in September was 81.07 million weight boxes, a year-on-year decrease of 6.0%. China's production of flat glass from January to September was 71.9.9 million weight boxes, a year-on-year decrease of 7.4%.

According to the prediction of SunSirs, the spot glass market has slightly declined this month. Upstream soda ash is operating upwards as a whole, and domestic liquefied natural gas prices are rising, providing strong cost support. But at present, downstream traders and processing enterprises have a moderate enthusiasm for purchasing goods, and are more cautious in watching and purchasing according to demand. It is expected that the spot glass market will temporarily stabilize and operate in the short term.

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