玻璃纯碱数据日报-20250718

Group 1: Report's Core View - On July 17th, glass and soda ash fluctuated with a slight upward trend. Glass price fluctuations are mainly driven by market sentiment. In the short - term, supply - demand has marginally improved, spot prices are stable, demand is resilient, inventory is being reduced, and market sentiment is positive, providing price support. For soda ash, recent maintenance has gradually ended, supply is expected to increase, direct demand is expected to weaken, concerns about supply - demand surplus have resurfaced, profits of float and photovoltaic glass are poor, and cost support has weakened, putting pressure on prices [2] - The trading strategy is to hold short - position options for soda ash and long - position contracts for glass [2] Group 2: Market Data Futures Data - For glass futures contracts in January, May, and September 2025, the closing prices are 1168, 1092, and 1236 respectively, with price increases of 6, 4, and 22, and increase rates of 0.52%, 0.32%, and 2.06% respectively. For soda ash futures contracts in the same months, the closing prices are 1271, 1307, and 1225 respectively, with price increases of 17, 16, and 17, and increase rates of 1.36%, 1.24%, and 1.41% respectively [1] - The price spreads between different glass futures contracts: January - May is - 68, May - September is 144, September - January is - 76; for soda ash, January - May is - 36, May - September is 82, September - January is - 46 [1] Spot Data - Glass spot prices in different regions: 1160 in the East China region, 1290 in another region, and 1300 in North China. Soda ash spot prices in different regions: 9960 in the Northwest, 1300 in North China, and 1250 in East China [1] Basis Data - The main glass basis in different regions: 68, 148, and 198; for soda ash, - 265, 75, and 25 [1]