According to the January production price index, the price index of building materials increased by 0.4% in January, while the flat glass price index fell by 1 percentage point compared with December 2011. In addition, it is reported that the price of flat glass rose by 0.7 percentage points between January 2011 and January 2012.
From January 2011 to January 2012, the export prices of glass and glassware decreased by 0.3%. According to the January import price index, the import price of products increased by 4.4 percentage points over the same period.
“Glass and glass products include float glass, safety glass, lighting glass, and various types of glass products,†said Edwin Bennion, economist at the International Price Project.
There is also data showing that the export prices of glass and glassware fell by 1% from 2011 to January 2012, while import prices rose by 6%.
According to ABC (Associated Builders and Contractors Inc.), the chaotic situation in the Middle East is the main factor affecting the price fluctuation of construction materials in the United States.
“Oil prices have been climbing in recent weeks, driving the overall rise in building materials prices,†said Anirban Basu, chief economist at ABC. “The prices of construction industry activities have risen nationwide, but the gradual recovery of non-residential construction expenditures mainly depends on whether or not the prices of construction materials will remain relatively stable in the coming period.â€
Faced with the current situation of price fluctuations and economic weakness, the market for glass and glass window assembly is still hazy. On the 9th of this month, Texas Trainor Glass has closed down and filed for bankruptcy, and ASI has suspended operations in December last year.
From January 2011 to January 2012, the export prices of glass and glassware decreased by 0.3%. According to the January import price index, the import price of products increased by 4.4 percentage points over the same period.
“Glass and glass products include float glass, safety glass, lighting glass, and various types of glass products,†said Edwin Bennion, economist at the International Price Project.
There is also data showing that the export prices of glass and glassware fell by 1% from 2011 to January 2012, while import prices rose by 6%.
According to ABC (Associated Builders and Contractors Inc.), the chaotic situation in the Middle East is the main factor affecting the price fluctuation of construction materials in the United States.
“Oil prices have been climbing in recent weeks, driving the overall rise in building materials prices,†said Anirban Basu, chief economist at ABC. “The prices of construction industry activities have risen nationwide, but the gradual recovery of non-residential construction expenditures mainly depends on whether or not the prices of construction materials will remain relatively stable in the coming period.â€
Faced with the current situation of price fluctuations and economic weakness, the market for glass and glass window assembly is still hazy. On the 9th of this month, Texas Trainor Glass has closed down and filed for bankruptcy, and ASI has suspended operations in December last year.
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