玻璃纯碱早报-20251217

Report Summary 1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Report Core View - No clear core view is presented in the given content. 3. Summary by Relevant Catalogs Glass - Price Changes: From Dec 9 to Dec 16, 2025, prices of 5mm glass in various regions decreased. For example, the price of 5mm glass at Shache Anquan dropped from 1044.0 to 984.0, a decrease of 60.0; FG05 contract price decreased from 1076.0 to 1038.0, a decrease of 38.0 [2]. - Production and Sales: Shache's glass production - sales rate was 98, Hubei's was 75, East China's was 94, and South China's was 104. Shache factories had fair production - sales, while Shache traders' low - price sales were average, and futures - spot sales were good. Hubei's factory transactions weakened [2]. - Profit Changes: North China's coal - fired glass profit decreased from 91.8 to 63.9, a decrease of 27.9; 05FG's spot natural gas profit decreased from - 278.3 to - 313.0, a decrease of 34.6 [2]. Soda Ash - Price Changes: From Dec 9 to Dec 16, 2025, prices of heavy soda ash in some regions increased. For example, Shache's heavy soda ash price increased from 1120.0 to 1140.0, an increase of 20.0; SA05 contract price decreased from 1186.0 to 1170.0, a decrease of 16.0 [2]. - Industry Situation: Upstream soda ash inventory accumulated, and Yuanxing's second - phase project was put into production. North China's light soda ash price increased by 50.0 [2]. - Profit Changes: North China's ammonia - soda ash profit increased from - 277.1 to - 250.4, an increase of 26.7; North China's combined - soda ash profit increased from - 390.5 to - 363.9, an increase of 26.5 [2].