Report Industry Investment Rating - Not provided Core Viewpoints - The glass market shows different trends in various regions. In Shahe, the price of 5mm large - plate glass is relatively stable, with some minor changes. The glass production and sales rates vary by region, with Hubei having a high production - sales rate of 150, while Shahe is at 94, East China at 98, and South China at 101. The profit of glass production also shows different situations in different regions and using different energy sources [1]. - The soda ash market has seen price increases in some areas. However, the downstream拿货意愿 (willingness to purchase) is weak, and factory inventories are accumulating [1]. Summaries by Related Catalogs Glass Price - The prices of 5mm large - plate glass in Shahe, such as those of Shahe Anquan and Shahe Great Wall, are mostly stable, with only Shahe Great Wall increasing by 4.0 from July 7 to July 14. The lowest price in Shahe increased by 30.0 from July 7 to July 11 but decreased by 4.0 on July 14 compared to July 11. In Wuhan Changli and Hubei, the prices remained unchanged during the period. The lowest price in South China remained at 1400.0, and the price in Shandong also remained stable [1]. - For glass futures contracts, FG09 increased from 1019.0 on July 7 to 1102.0 on July 14, and FG01 increased from 1114.0 to 1196.0 during the same period [1]. Profit - The profit of North China coal - fired glass increased by 10.3 from July 7 to July 11 but decreased by 10.3 on July 14 compared to July 11. The profit of South China natural - gas glass remained at - 118.6. The profit of North China natural - gas glass increased by 13.2 from July 7 to July 11 but decreased by 10.3 on July 14 compared to July 11. The profit of 09FG and 01FG natural - gas on the futures market also increased during the period [1]. Market Conditions - The price of glass in Shahe's trading market is around 1156, and the sales of middle - stream traders are average, with only a small amount of futures - spot trading. In Hubei, the factory's lowest price is 1010 - 1020, and the manufacturers have raised prices with good sales. The new futures price is 960, with average trading volume [1]. Soda Ash Price - The price of heavy soda ash in Shahe increased from 1160.0 on July 7 to 1230.0 on July 14. The price in Central China increased from 1130.0 to 1210.0, and the price in South China remained at 1400.0. The price of light soda ash in North China and Central China increased by 80.0 from July 7 to July 14 [1]. - For soda ash futures contracts, SA05 increased from 1236.0 on July 7 to 1311.0 on July 14, SA01 increased from 1207.0 to 1286.0, and SA09 increased from 1168.0 to 1241.0 [1]. Profit - The profit of North China ammonia - soda method increased by 74.3 from July 7 to July 14 and by 29.4 on July 14 compared to July 11. The profit of North China combined - soda method increased by 81.9 from July 7 to July 14 and by 31.8 on July 14 compared to July 11 [1]. Market Conditions - The spot price of heavy soda ash at the Hebei delivery warehouse is around 1210, and the price delivered to Shahe is around 1230. The downstream's willingness to purchase is weak, and factory inventories are accumulating [1].
玻璃纯碱早报-20250715
Yong An Qi Huo·2025-07-15 08:13