- Global float glass prices remained mixed in Q1’26, with Asia showing a late-quarter recovery, while Europe and North America stayed pressured by weak construction demand.
- Soda ash and energy costs influenced production economics, but weak end-user buying limited stronger price gains across major markets.
- Downstream demand was uneven, as construction remained soft, while automotive demand offered partial support in select regions.
Asia
In Q1’26, float glass prices witnessed a mixed trend in the Chinese market. The prices were ~13.25 RMB/kg (Spot FD) in January and ~14.11 RMB/kg in March, increasing ~6.52% from January 2026 to March 2026. The prices decreased by ~4.52% from the previous quarter. Prices declined on a quarterly basis due to weak construction demand and cautious procurement from processors. However, the January-to-March rise was supported by improved restocking, firmer spot activity, and better sentiment in glass futures. In India, float glass trends broadly resembled those in China, as demand from construction and real estate remained the main influence, while steady demand from automotive and solar applications offered partial support.
Europe
In Q1’26, float glass prices witnessed a weak-to-stable trend in the European market. Demand was weak from construction. Eurostat reported construction production down 0.2% month-on-month in the euro area in February 2026 and down 1.9% year-on-year. Automotive demand provided some support, as EU new car registrations rose 4% in Q1’26, but this was not enough to fully offset construction weakness. Energy costs and soda ash expenses continued to influence production costs, keeping price declines limited despite subdued building-sector consumption.
North America
In Q1’26, float glass prices witnessed a largely stable trend in the North American market. The market was supported by production-cost pressure from energy, furnace operations, and soda ash-linked input costs. However, construction demand remained uneven, limiting stronger price movement. Demand from automotive replacement glass and commercial building activity provided some support, but buyers remained cautious due to high material and logistics costs.