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In terms of price, how to view the price trend of fiberglass roving in the second half of the year?

In terms of fiberglass roving prices: Since the third quarter of last year, as the downstream major consumer markets have collectively fallen into a downturn, the industry has experienced a phased supply and demand imbalance, and the price of fiberglass roving products has fallen rapidly. Since the second quarter of this year, the recovery of demand has been less than expected, the price of low-end fiberglass roving products has remained at the bottom for a long time, and production and sales have been basically flat.
Structurally, the price of high-end products is basically stable, and the main decline is still the low-end market. Regarding the price recovery, the second half of the year is still dominated by structural markets, such as the continuous development of wind power, etc., high-end products with higher technical barriers, stronger bargaining power, will be based on price stability, leading enterprises will be more positive. Due to fierce competition, it may take some time for prices to recover, and even individual products will continue to lower prices to gain more market share. 

The new supply in the industry this year and next is very limited, and it is believed that prices will usher in a recovery increase in the near future.

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