Glass rocks factory

Photo by culletfactory.com Market Overview The glass scrap market in Asia has experienced notable fluctuations over the past year, influenced by factors such as production rates, inventory levels, and downstream demand. China, as a major player in the region, has seen significant changes in its glass industry, which have implications for the glass scrap market. Production and Inventory Levels In China, the glass industry has been operating at high capacity. As of March 2024, there were 258 production lines with an operating rate of 85.2%, leading to a historic high in glass supply. This increased production resulted in significant accumulation of glass spot inventory, exerting downward pressure on spot market prices. Price Trends The spot market price of glass in China has been on a declining trend. For instance, from March 1 to March 19, 2024, the average price dropped from 21.97 RMB/square meter to 20.33 RMB/square meter, marking a decrease of 7.46%. Similarly, in June 2023, the ave...

Cullet is recycled glass that has been crushed into small pieces, and it is used as a raw material in the production of new glass products. The usage of cullet has several benefits, including: Environmental sustainability: Using cullet reduces the amount of waste glass in landfills and conserves natural resources by reducing the need for virgin raw materials in glass production. Energy savings: Using cullet in glass production requires less energy than using virgin raw materials, as cullet melts at a lower temperature than virgin raw materials. Cost savings: Using cullet can reduce production costs by lowering the cost of raw materials, reducing energy consumption, and lowering transportation costs. Improved product quality: Cullet can improve the quality of glass products by reducing the amount of impurities in the raw materials, resulting in clearer and stronger glass. Customizable colors: Cullet can be sorted by color, allowing manufacturers to create customized glass ...