玻璃纯碱早报-20250421

Report Industry Investment Rating - No information provided on the industry investment rating 2. Core Viewpoints - No explicit core viewpoints are presented in the given content 3. Summary by Related Catalogs Glass - Price Changes: From April 11 to April 18, 2025, the price of FG09 contract dropped by 86.0 to 1122.0, FG05 contract decreased by 62.0 to 1084.0, and FG5 - 9 spread increased by 24.0 to -38.0. Some spot prices like that of 5mm large - board glass in certain regions remained stable, while others had minor changes, e.g., the price of 5mm large - board glass from Shahe Great Wall decreased by 26.0 to 1198.0 [1] - Profit and Cost: On April 18, 2025, the North China coal - fired profit was 266.8 with a weekly increase of 1.6 and daily increase of 2.5, and the North China coal - fired cost was 910.2 with a weekly decrease of 5.6 and daily decrease of 2.5. The South China natural gas profit remained at -154.3. The 09FG and 05FG contract natural gas profits decreased significantly [1] - Spot and Sales: Spot prices: Shahe traders' price dropped to around 1160, Hubei's factory low - price was around 1150. Sales ratios: Shahe was 66/58, Hubei was 77/84, East China was 81/70, and South China was 85/80 [1] Soda Ash - Price Changes: From April 11 to April 18, 2025, the SA05 contract price decreased by 41.0 to 1286.0, SA01 contract dropped by 53.0 to 1348.0, and SA09 contract decreased by 46.0 to 1324.0. Some spot prices of heavy and light soda ash in different regions changed, e.g., the price of heavy soda ash in Shahe decreased by 30.0 to 1310.0 [1] - Profit and Cost: On April 18, 2025, the North China ammonia - soda process profit was -131.7 with a weekly decrease of 23.7 and daily decrease of 9.4, and the North China ammonia - soda process cost was 1421.7 with a weekly decrease of 1.3 and daily decrease of 0.6. The North China combined - soda process profit decreased to -77.3 [1] - Spot and Industry: Spot prices: Heavy soda ash in Hebei's delivery warehouse was quoted around 1280 - 1290, and in Shahe warehouse around 1310. No information on the industry aspect was provided [1]