Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints - The short - term outlook for soda ash is a rebound, but long - term repair will take time. The supply of soda ash is at a high level, and demand has also increased, alleviating the supply - demand imbalance in the short term. [8] - The glass market is expected to maintain a volatile trend. The demand shows a seasonal recovery, and the supply - demand contradiction has been alleviated to some extent, but the demand growth is slow, and the enterprise inventory is still relatively high compared to previous years. [9][10] 3. Summary by Directory 3.1 Soda Ash and Glass Market Review and Operation Suggestions - Soda Ash: On April 14, the main futures contract SA505 of soda ash fluctuated upwards, closing at 1339 yuan/ton, up 15 yuan/ton with a 1.13% increase, and the daily position decreased by 53,276 lots. The weekly output of soda ash in China for the week of April 10 continued to rise for three weeks to 739,000 tons, and the weekly operating load rate reached 88%. The consumption was 749,400 tons, a 16.81% increase from the previous period. The weekly enterprise inventory of heavy soda ash increased slightly to 880,000 tons. [7][8] - Glass: On April 14, the main futures contract FG505 of glass fluctuated weakly, closing at 1152 yuan/ton, down 2 yuan/ton with a 0.17% decrease, and the daily position decreased by 77,016 lots. The demand is in a seasonal recovery, and the supply - demand contradiction has been alleviated, but the demand growth is slow, and the enterprise inventory is still high. [9] 3.2 Industry News - Soda Ash: In the central China soda ash market, the market was weakly operating, and the trading center moved down. The mainstream pick - up price of light soda ash in Henan was 1260 - 1300 yuan/ton, and the mainstream factory - delivered price of heavy soda ash was 1450 - 1500 yuan/ton. In Hubei, the mainstream pick - up price of light soda ash was 1350 - 1380 yuan/ton, and the mainstream factory - delivered price of heavy soda ash was 1400 - 1500 yuan/ton. In Hunan, the mainstream pick - up price of light soda ash was about 1400 yuan/ton, and the mainstream factory - delivered price of heavy soda ash was about 1500 yuan/ton. The mainstream price of baking soda in Henan was stable, with average orders. [11] - Glass: The average price of 5mm large - size float glass in the Shahe market decreased by 0.05 yuan/square meter to 15.42 yuan/square meter, and the average price of 4.4mm small - size glass decreased by 0.06 yuan/square meter to 13.55 yuan/square meter. The market price was generally stable with minor fluctuations. After slow sales on the weekend due to windy weather, the market trading improved today. [11] 3.3 Data Overview - Multiple data charts are provided, including the price trend of active soda ash and glass contracts, weekly soda ash production, soda ash enterprise inventory, central China heavy soda ash market price, and flat glass production. The data sources are Wind and Zhuochuang Information. [16][17][18]
纯碱、玻璃日报-20250415
Jian Xin Qi Huo·2025-04-15 02:03