Recently, there has been a noticeable upward trend in the domestic glass market, attracting widespread attention.
Industry data shows that since the beginning of 2025, glass prices have undergone several rounds of increases. Notably, between January 27 and February 8, 2025, many glass companies announced price hikes. For example, Hebei Nanfang Glass raised the price of all ultra-white products by 50 RMB per ton, Chengdu Taibo increased white glass prices by 40 RMB per ton, and Qibin Group also implemented price increases for white and ultra-white glass at several of its production bases.
Furthermore, the glass futures market has shown strong performance, with prices rising by over 40%, further fueling expectations of price increases in the spot market. According to a glass distributor in Shihezi, Hebei, since the end of March 2025, glass prices have risen by about 30%, reaching 18 RMB per square meter. Due to strong demand, distributors are beginning to stock up on inventory.
The main reasons for the price increases are as follows:
- A gradual recovery in the real estate market has led to higher glass demand.
- After a period of capacity reduction in the glass industry, supply has become relatively tight.
- Rising costs of raw materials and fuels have also driven up production costs.
Industry experts predict that glass prices will remain high in the short term, with fluctuations expected. On one hand, the recovery in the real estate market will continue to support glass demand. On the other hand, cold repair plans and resumption of production in the supply chain will influence prices. Additionally, changes in raw material and fuel costs will also impact glass prices.
This price increase in the glass market highlights changes in the supply and demand relationship and underscores the important role the glass industry plays in the national economy. Looking ahead, with continuous technological advancements and strengthened environmental policies, the glass industry is expected to achieve healthier and more sustainable development.
