Gelonghui, May 6 | Xinyi Glass led by a sharp rise of 11%, GCL Technology rose more than 8%, and Xinyi Energy and Xinyi Solar followed suit. According to the news, Xinyi Glass recently released the “Xinyi High Quality Float Glass Price Index”, and prices in the domestic float glass market are expected to rise steadily in May 2024. On the supply side, the actual effective production capacity of float glass is expected to decrease. As profits of float glass are drastically reduced, some elderly kilns plan to be cooled down, and supply reserves are expected to decline; on the demand side, demand is expected to improve in May, and float glass prices are expected to rise sequentially in May. The Zheshang Securities Research Report pointed out that prices in the photovoltaic industry chain have remained low, and the inflection point in demand has arrived at an accelerated pace.