玻璃纯碱早报-20250616

Industry Investment Rating - Not provided in the report Core Viewpoints - Not provided in the report Glass Summary Price and Change - On June 13, 2025, the price of 5mm large - plate glass from Shahe Anquan was 1113.0, with a weekly change of - 8.0 and a daily change of 0.0; FG09 contract price was 976.0, with a weekly change of - 21.0 and a daily change of - 5.0 [3] - The price of 5mm large - plate glass from Shahe Great Wall remained at 1096.0 from June 6 - 13, with no weekly or daily change; FG01 contract price was 1035.0 on June 13, with a weekly change of - 19.0 and a daily change of - 5.0 [3] - Shahe 5mm large - plate low - price was 1096.0 on June 13, with a weekly change of - 30.0 and a daily change of - 8.0; FG 9 - 1 spread was - 59.0, with a weekly change of - 2.0 and no daily change [3] - The price of 5mm large - plate glass from Wuhan Changli remained at 1080.0 from June 6 - 13, with no change; 09 Hebei basis was 61.0 on June 13, with a weekly change of - 68.0 and a daily change of - 3.0 [3] - Hubei large - plate low - price remained at 990.0 from June 6 - 13, with no change; 09 Hubei basis was 14.0 on June 13, with a weekly change of 21.0 and a daily change of 5.0 [3] - South China 5mm large - plate low - price was 1400.0 on June 13, with a weekly change of - 20.0 and no daily change [3] - Shandong 5mm large - plate price remained at 1160.0 from June 6 - 13, with no change [3] Profit and Cost - North China coal - fired profit was 232.9 on June 13, with a weekly change of - 17.0 and a daily change of 2.5; North China coal - fired cost was 863.1, with a weekly change of - 13.0 and a daily change of - 10.5 [3] - South China natural gas profit was - 141.7 on June 13, with a weekly change of - 20.0 and no daily change; North China natural gas profit was - 252.9, with a weekly change of - 17.4 and a daily change of 2.5 [3] - 09FG surface natural gas profit was - 372.0 on June 13, with a weekly change of - 9.2 and a daily change of - 1.0; 01FG surface natural gas profit was - 312.4, with a weekly change of - 9.6 and a daily change of - 2.5 [3] Spot and Sales - Glass spot: Shahe traders' price was around 1095, with average trading volume and insufficient spot and futures sources; Hubei factories' low - price was around 980, with fair trading volume; new spot and futures price was 960, with average trading volume [3] - Glass sales: Shahe's sales rate was 94, Hubei's was 103, East China's was 102, and South China's was 94 [3] Soda Ash Summary Price and Change - On June 13, 2025, the price of heavy soda ash in Shahe was 1200.0, with a weekly change of - 50.0 and a daily change of - 30.0; SA05 contract price was 1204.0, with a weekly change of - 38.0 and a daily change of - 8.0 [3] - The price of heavy soda ash in Central China was 1165.0 on June 13, with a weekly change of - 55.0 and a daily change of - 45.0; SA01 contract price was 1153.0, with a weekly change of - 45.0 and a daily change of - 12.0 [3] - The price of heavy soda ash in South China remained at 1510.0 from June 6 - 13, with no change; SA09 contract price was 1156.0 on June 13, with a weekly change of - 56.0 and a daily change of - 19.0 [3] - The price of heavy soda ash in Qinghai remained at 1030.0 from June 6 - 13, with no change; SA09 Shahe basis was 44.0 on June 13, with a weekly change of 6.0 and a daily change of - 11.0 [3] - The price of light soda ash in North China remained at 1200.0 from June 6 - 13, with no change; SA month - spread 09 - 01 was 3.0 on June 13, with a weekly change of - 11.0 and a daily change of - 7.0 [3] - The price of light soda ash in Central China was 1180.0 on June 13, with a weekly change of - 20.0 and no daily change [3] Profit and Cost - North China ammonia - soda profit was - 126.3 on June 13, with a weekly change of - 20.0 and a daily change of - 50.0; North China ammonia - soda cost was 1286.3, with a weekly change of - 40.0 and no daily change [3] - North China combined - soda profit was 7.4 on June 13, with a weekly change of 23.1 and a daily change of - 48.0 [3] Spot and Industry - Spot: The spot price of heavy soda ash at Hebei delivery warehouses was around 1160, and that at Shahe warehouses was around 1200 [3] - Industry: Factory warehouses were accumulating inventory, and Yuanxing had over - produced [3]