Group 1: Report Overview - Report Title: Glass and Soda Ash Morning Report [2] - Report Date: January 12, 2026 [3] - Research Team: Research Center Energy and Chemicals Team [3] Group 2: Glass Market Price and Spread - From December 31, 2025, to January 9, 2026, the prices of 5mm glass in major regions such as Shahe and Hubei showed an upward trend, with weekly increases ranging from 20.0 to 43.0. For example, the price of Shahe 5mm low - price glass rose from 950.0 to 993.0 [3]. - FG05 and FG09 contracts also increased during the same period, with FG05 rising from 1087.0 to 1144.0 and FG09 from 1191.0 to 1238.0. The FG 5 - 9 spread changed from - 104.0 to - 94.0, with a weekly increase of 10.0 [3]. - The basis of 05 contracts in Hebei and Hubei regions had different changes, with the 05 Hebei basis changing from - 137.0 to - 151.0 and the 05 Hubei basis from - 117.0 to - 154.0 [3]. Production and Sales - Shahe factory's glass production and sales rate was high, with middle - stream players actively purchasing. However, Shahe traders' sales were average, and the sales of futures - spot glass were poor. In Hubei, the factory increased prices, and the transaction was good [3]. - The production - sales rates in different regions were as follows: Shahe 151, Hubei 149, East China 93, and South China 110 [3]. Profit - The profits of glass production in North China and South China using natural gas had different trends. For example, the North China coal - fired profit increased from 72.9 to 101.7, and the North China natural gas profit increased from - 388.4 to - 351.7 [3]. Group 3: Soda Ash Market Price and Spread - From December 31, 2025, to January 9, 2026, the prices of heavy and light soda ash in major regions showed different trends. For example, the price of Shahe heavy soda ash increased from 1140.0 to 1190.0, and the price of North China light soda ash increased from 1130.0 to 1150.0 [3]. - SA05, SA01, and SA09 contracts all increased, with SA05 rising from 1209.0 to 1228.0, SA01 from 1107.0 to 1141.0, and SA09 from 1274.0 to 1295.0. The SA01 - 05 spread changed from - 102.0 to - 87.0 [3]. - The basis of SA01 in Shahe increased from 33.0 to 49.0 [3]. Industry Situation - The upstream inventory of the soda ash industry increased significantly, while the middle - stream inventory decreased slightly. The output of Yuanxing's second - phase project increased [3]. Profit - The profits of North China ammonia - soda and North China combined - soda methods had different changes. The North China ammonia - soda profit changed from - 217.2 to - 200.6, and the North China combined - soda profit changed from - 287.2 to - 264.9 [3].
玻璃纯碱早报-20260112
Yong An Qi Huo·2026-01-12 01:39