纯碱&玻璃产业链周度数据-20260320

Report Information - Report Title: Soda Ash & Glass Industry Chain Weekly Data - Report Date: March 20, 2026 - Research Department: Research and Consulting Department - Analyst: Wang Jing - Analyst's Qualification Certificate Number: F0235424/Z0000771 1. Industry Investment Rating - No investment rating is provided in the report. 2. Core Viewpoints - No core viewpoints are explicitly stated in the report. The report mainly presents weekly data on the soda ash and glass industries, including supply, inventory, profit, basis, and spread information. 3. Summary by Category Supply - Soda Ash: The current week's soda ash operating rate is 86.38%, a decrease of 0.62 percentage points from the previous week. The total output is 81.81 million tons, an increase of 0.89 million tons. The heavy - soda output is 43.4 million tons, up 0.57 million tons, and the light - soda output is 38.41 million tons, up 0.32 million tons [2]. - Glass: The current week's glass operating rate is 70.556%, a decrease of 0.494 percentage points from the previous week. The number of production lines is 207, a decrease of 2 from the previous week. The output is 102.2325 million tons, a decrease of 1.095 million tons [2]. Inventory - Soda Ash: The in - plant inventory is 185.38 million tons, a decrease of 7.79 million tons from the previous week. The heavy - soda inventory is 89.07 million tons, a decrease of 2.74 million tons, and the light - soda inventory is 96.31 million tons, a decrease of 5.05 million tons. The inventory available days are 13.7 days, a decrease of 0.84 days [2]. - Glass: The inventory is 7443.6 million weight - boxes, a decrease of 141.3 million weight - boxes from the previous week. The inventory available days are 33.7 days, a decrease of 0.2 days [2]. Profit - Soda Ash: The sales - to - production ratio is 109.63%, an increase of 7.71 percentage points from the previous week. The ammonia - soda process gross profit is - 25.3 yuan/ton, an increase of 0.9 yuan/ton. The co - production process gross profit is 227.5 yuan/ton, an increase of 61.5 yuan/ton [2]. - Glass: The natural gas profit is - 87.12 yuan/ton, an increase of 19.57 yuan/ton. The petroleum coke profit is - 21.78 yuan/ton, a decrease of 14.28 yuan/ton. The coal - gas profit is - 22.24 yuan/ton, an increase of 17.14 yuan/ton [2]. Basis and Spread - Soda Ash: The basis is - 10, an increase of 10 from the previous week. The 1 - 5 spread is - 119, a decrease of 12 from the previous week. The soda - ash - glass 01 spread is 78, an increase of 1 from the previous week, and the soda - ash - glass 05 spread is 152, an increase of 9 from the previous week [2]. - Glass: The basis is - 21, an increase of 52 from the previous week. The 1 - 5 spread is - 193, a decrease of 20 from the previous week [2].