In the first half of 2022, the supply and demand of the glass fiber market will turn from strong to weak. In the first quarter, the overall supply and demand were tight, boosting the price of glass fiber yarn. Since the second quarter, the market demand has been released less than expected, and the supply pressure of major manufacturers has gradually increased, and the glass fiber roving market will further “go downhill”. According to the analysis of HUILI FIBERGLASS, the trend of supply increase is basically determined. After the demand gradually recovers in the later period, most manufacturers are expected to reduce the inventory by depositing profit and suction orders, and the room for price reduction is limited.
Post time: Jul-13-2022