玻璃纯碱早报-20260115

Group 1: Report Investment Rating - No information provided Group 2: Core Viewpoints - No explicit core viewpoints provided in the text Group 3: Glass Summary Price and Contract Information - From January 7 - 14, 2026, the price of 5mm glass plates from different manufacturers showed fluctuations. For example, the price of 5mm glass from Shahe Anquan increased from 985.0 to 996.0, while the price of FG05 contract decreased from 1148.0 to 1096.0 [2] - The FG 5 - 9 spread decreased from -105.0 to -115.0, and the 05 Hebei basis increased from -164.0 to -116.0 [2] Production and Sales - Shahe's glass production - sales rate was 91, Hubei's was 91, East China's was 95, and South China's was 110 [2] - Shahe factory's glass production - sales declined, with poor spot - futures trading; Shahe traders' prices were around 980 with average sales; Hubei factories' prices were around 990 with declining sales; Hubei's mid - stream spot - futures trading for 03 contract at -80 was also poor [2] Profit and Cost - North China's coal - fired glass profit decreased from 86.4 to 86.2, and the cost increased from 897.6 to 893.8 [2] - South China's natural gas glass profit remained at -188.1, and North China's natural gas glass profit decreased from -358.6 to -366.8 [2] - The 05FG and 09FG on - disk natural gas profits decreased from -263.8 to -265.9 and from -164.6 to -163.9 respectively [2] Group 4: Soda Ash Summary Price and Contract Information - From January 7 - 14, 2026, the price of heavy soda ash in different regions changed. For example, the price of Shahe heavy soda ash decreased from 1230.0 to 1170.0, and the SA05 contract price decreased from 1271.0 to 1222.0 [2] - The SA01 Shahe basis increased from 14.0 to 34.0, and the SA monthly spread 01 - 05 decreased from -76.0 to -86.0 [2] Industry Situation - The upstream inventory of soda ash slightly decreased, and the mid - stream inventory slightly increased; the production of Yuanxing's second - phase project increased [2] Profit and Cost - North China's ammonia - soda process profit increased from -211.8 to -191.8, and North China's combined - soda process profit increased from -303.0 to -284.0 [2]