By the end of August 1, glass futures had risen 7% for consecutive days, hitting a new high since March, and glass futures had risen 21% since July. The main reason for today's glass price surge is that the rainstorm affects the production and transportation in the north. Hebei is a major glass province in China, with the output accounting for 15% of the total domestic output, and Guangdong, the second place, only accounts for 10% of the domestic output. Among them, Hebei Shahe is the largest glass distribution base in China, and has the reputation of China's Glass City. Recently, the heavy rain in Beijing and large-scale heavy rain in Hebei have hit the production and transportation of glass in the north. At the same time, the expectation of stable growth policy has been raised in the near future, and glass is about to usher in its own peak demand season. With low inventory, the expectation of price increase is high. In terms of demand, the glass industry has a saying of "nine gold and ten silver", that is, September and October each year are the peak demand season for glass, reflecting the three quarters
