chatterbaitfishing|信义玻璃现涨超10% 5月国内浮法玻璃市场价格预期企稳回升

Xinyi Glass (00868) rose 10% in the afternoonchatterbaitfishing.05%, currently quoted at HK$9.75, with a turnover of HK$168 million.

Xinyi Glass recently released the "Xinyi High-Quality Float Glass Price Index", and the domestic float glass market price is expected to stabilize and rebound in May 2024. On the supply side, the actual effective production capacity of float glass is expected to decrease. As float glass profits are significantly compressed, some elderly kilns plan to release water for cold repair, and supply is expected to decline.chatterbaitfishingOn the demand side, demand is expected to improve in May, and float glass prices are expected to rise month-on-month in May.