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Question:

Glass fiber raw material price increases, the impact on the glass fiber industry?

Glass fiber raw material price increases, the impact on the glass fiber industry?

Answer:

A group of small and medium enterprises will face great pressure, especially the focus will be on reducing costs and expanding production, often ignoring product quality and marketing strategy, in the market competition in a disadvantageous position.
The relative decline in glass products on the market, glass prices higher, due to the decline in productivity, enterprises are also difficult to increase revenue through exports to expand production.
Rise of glass fiber raw materials, glass products will lead to increased costs, under the pressure of domestic inflation, the continued appreciation of the RMB, the enterprise funds relative atrophy, which might lead to the production of glass fiber industry scale enterprises reduced

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