纯碱玻璃产业日报 2025-07-31 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | 纯碱主力合约收盘价(日,元/吨) 纯碱与玻璃价差(日,元/吨) | 1247 130 | -64 玻璃主力合约收盘价(日,元/吨) 10 纯碱主力合约持仓量(日,手) | 1117 974024 | -74 109991 | | | 玻璃主力合约持仓量(日,手) | | 142138 纯碱前20名净持仓 | | | | | | 1101265 | | -344377 | -14009 | | 期货市场 | 玻璃前20名净持仓 | -215547 | -19125 纯碱交易所仓单(日,吨) | 1500 | 145 | | | 玻璃交易所仓单(日,吨) | 0 | 0 纯碱9月-1月合约价差 | -83 | 6 | | | 玻璃合约9月-1月价差 | -129 | -4 纯碱基差(日,元/吨) | -11 | 7 | | | 玻璃基差(日,元/吨) | 1 | -3 | | | | | 华北重碱(日,元/吨) ...

Report Summary 1. Report Industry Investment Rating No industry investment rating is provided in the report. 2. Report's Core View - **Soda Ash**: Supply is expected to remain ample, demand will continue to decline, and prices will face downward pressure. It is recommended to short the soda ash main contract on rallies, paying attention to operational risks [2]. - **Glass**: The probability of a correction increases. Although the glass fundamentals have improved, the terminal demand has not improved. It is recommended to short the glass on rallies, paying attention to operational risks [2]. 3. Summary by Relevant Catalog Futures Market - **Prices**: Soda ash main - contract closing price is 1311 yuan/ton, down 7 yuan; glass main - contract closing price is 1191 yuan/ton, up 3 yuan. The soda ash - glass price difference is 120 yuan/ton, down 10 yuan [2]. - **Positions**: Soda ash main - contract open interest is 864,033 hands, up 20,432 hands; glass main - contract open interest is 959,127 hands, up 76,146 hands. Soda ash top 20 net position is - 330,368, up 19,330; glass top 20 net position is - 196,422, up 24,416 [2]. - **Warehouse Receipts**: Soda ash exchange warehouse receipts are 1,355 tons, up 400 tons; glass exchange warehouse receipts are 0 tons, unchanged [2]. - **Spread**: Soda ash September - January contract spread is - 89 yuan/ton, down 18 yuan; glass September - January contract spread is - 125 yuan/ton, down 48 yuan. Soda ash basis is - 18 yuan/ton, down 122 yuan; glass basis is 4 yuan/ton, up 23 yuan [2]. Spot Market - **Soda Ash**: North China heavy - soda ash is 1,300 yuan/ton, down 120 yuan; Central China heavy - soda ash is 1,375 yuan/ton, unchanged. East China light - soda ash is 1,325 yuan/ton, down 15 yuan; Central China light - soda ash is 1,275 yuan/ton, down 2.5 yuan [2]. - **Glass**: Shahe glass large plates are 1,192 yuan/ton, down 12 yuan; Central China glass large plates are 1,230 yuan/ton, unchanged [2]. Industry Situation - **Operating Rates**: Soda ash plant operating rate is 83.02%, down 1.08 percentage points; float glass enterprise operating rate is 75%, down 0.34 percentage points [2]. - **Capacities and Lines**: Glass in - production capacity is 15.89 million tons/year, up 0.11 million tons; glass in - production production lines are 223, unchanged [2]. - **Inventories**: Soda ash enterprise inventory is 1.7836 million tons, down 81,000 tons; glass enterprise inventory is 61.896 million weight boxes, down 3.043 million weight boxes [2]. Downstream Situation - **Real Estate**: Real estate new - construction area cumulative value is 303.6432 million square meters, up 71.8071 million square meters; real estate completion area cumulative value is 225.6661 million square meters, up 41.8147 million square meters [2]. Industry News - **Sino - US Trade**: China and the US will continue to promote the extension of the 24% part of the US reciprocal tariffs that have been suspended and China's counter - measures as scheduled. The two sides' economic and trade teams will maintain close communication [2]. - **Oil Price**: The new round of oil price adjustment is stranded, and the oil price remains unchanged this round [2]. - **Macroeconomy**: From January to June, the total operating income of state - owned enterprises was 40.75 trillion yuan, a year - on - year decrease of 0.2%. The National Development and Reform Commission will promote the rectification of involution - style competition and expand industrial chain and supply - chain cooperation [2]. - **Photovoltaic Industry**: Some self - media reports about the anti - involution in the photovoltaic industry are seriously inconsistent with the actual situation [2].

Group 1 - The meeting focused on "the coordinated development of local economic and trade parks in Shanghai Cooperation Organization (SCO) countries," aiming to address cross-border cooperation barriers and deepen industrial connections [1] - Representatives from 17 parks across 6 countries, along with 42 government institutions, business associations, enterprises, and higher education representatives participated in the event [1] - A keynote report was presented on the role of overseas economic and trade cooperation zones in promoting SCO member participation in Global Value Chains (GVC), highlighting challenges in local economic cooperation [1] Group 2 - The "Initiative for Coordinated Development of Industrial Parks" was released, emphasizing the need for building communication platforms and partnership networks to enhance resource integration and supply chain cooperation [2] - The SCO Industrial Chain Supply Chain Forum led to the establishment of the China-SCO Industrial Park Alliance, promoting practical cooperation in information sharing and industrial connections [2] - Over the past two years, the SCO demonstration area has facilitated over 600 cooperation demands across various sectors, enhancing the flow of people, goods, information, and capital [2] Group 3 - The SCO demonstration area aims to establish a coordination mechanism for the alliance, expanding communication and collaboration to address pain points in cooperation [3] - There is a focus on existing collaborations in key industries such as smart home appliances, machinery manufacturing, and green food, while exploring new industries like digital economy and new energy vehicles [3] - The alliance members are encouraged to strengthen exchanges on industrial policies, trade norms, and inspection and quarantine, aiming to align with high-standard economic and trade rules [3]

Core Insights - The 15th China-Northeast Asia Expo will be held from August 27 to 31 in Changchun, Jilin Province, focusing on enhancing regional economic and trade cooperation in Northeast Asia [1][2] - The expo aims to create new platforms for industrial chain cooperation, expand trade and investment, and promote cultural exchanges among Northeast Asian countries [2][5] Trade Cooperation - In 2024, trade volume between China and the five Northeast Asian countries is projected to reach $901.6 billion, a year-on-year increase of 1.6%, accounting for nearly 15% of China's total foreign trade [1] - China remains the largest trading partner for the five Northeast Asian countries, with South Korea and Japan being the second and third largest partners, respectively [1] Investment Cooperation - The bilateral investment between China and the five Northeast Asian countries is expected to exceed $7 billion in 2024, with investment areas expanding into digital economy, green development, advanced manufacturing, and modern services [1] Expo Highlights - The expo will feature 42 countries and regions, with over 8,000 merchants confirmed to participate and 2,796 exhibition booths established, completing 80% of the overall exhibition work [2] - The exhibition design emphasizes a "4+2" framework, including four main theme pavilions and two special experience zones [2] Event Design - The event will include a main activity and 14 thematic activities, focusing on regional cooperation, economic exchanges, and cultural interactions [3] Industry Focus - A new "Modern Industry Pavilion" will showcase the world's top 500 companies and highlight traditional industries' transformation through smart and green upgrades [4] - The expo will host the "Northeast Asia Industrial Park Dialogue" to discuss diverse park cooperation and establish a regional industrial park cooperation mechanism [4] Support for Enterprises - The China Council for the Promotion of International Trade (CCPIT) has supported over 22,000 enterprises to participate in international exhibitions, enhancing their integration into global industrial chains [5]

Core Viewpoint - The 15th China-Northeast Asia Expo will be held from August 27 to 31, 2025, in Changchun, Jilin Province, focusing on enhancing economic cooperation in the Northeast Asia region [1][2]. Group 1: Event Overview - The expo will emphasize internationality, timeliness, and multi-dimensional experiences, aiming to create new platforms for industrial cooperation and trade investment [1]. - This year marks the 20th anniversary of the China-Northeast Asia Expo, which has played a significant role in promoting friendly exchanges and practical cooperation among Northeast Asian countries [2]. Group 2: Participation and Activities - Over 8,000 business representatives from 42 countries and regions have confirmed their participation, with 2,796 exhibition booths already secured, completing 80% of the overall exhibition work [4]. - The event will feature a main activity matrix of "1+14," including a major opening ceremony and 14 thematic activities focused on regional cooperation and economic exchanges [4]. Group 3: Venue and Facilities - The expo will be held at the Changchun Northeast Asia International Expo Center, a modern facility equipped with advanced technology and a comprehensive transportation network [3]. Group 4: Future Cooperation Initiatives - The China Council for the Promotion of International Trade (CCPIT) has established bilateral business cooperation mechanisms with Northeast Asian countries to enhance practical cooperation [6]. - CCPIT aims to facilitate regular meetings and dialogues among businesses, focusing on emerging industries such as digital technology and green development [6][7].

Core Points - The Shandong-Central Asia Economic and Trade Cooperation Exchange Conference was held on July 19, with participation from approximately 70 representatives from Central Asian countries and over 230 representatives from Shandong [1][3] - Shandong's import and export trade with the five Central Asian countries is projected to reach 21.136 billion yuan in 2024, with new signed contracts for foreign engineering projects amounting to 905 million USD [3] - The conference aimed to deepen cooperation in key areas such as modern agriculture, equipment manufacturing, green minerals, and connectivity [3][10] Group 1 - The conference featured a special promotion session where the "Shanghai Cooperation Organization International Capital Port" financial service platform was introduced to support cross-border project financing [8] - Representatives from Shandong companies showcased cooperation opportunities in trade logistics and high-end manufacturing [8] - The energy development plan of Chimkent City in Kazakhstan was presented, including a new 500 MW gas power plant and renewable energy projects, inviting Chinese enterprises to invest [8] Group 2 - The conference is a significant initiative to implement the outcomes of the second China-Central Asia Summit and to enhance local economic cooperation under the Shanghai Cooperation Organization [10] - The successful hosting of the conference further facilitates the economic cooperation channels between Shandong and Central Asian countries, aiming to deepen collaboration in industrial and supply chain integration [10] - Shandong will continue to leverage the advantages of the Shanghai Cooperation Organization demonstration zone to promote substantial cooperation with Central Asian countries, contributing to the high-quality development of the Belt and Road Initiative [10]

7月16日至20日，第三届中国国际供应链促进博览会在北京举办。本届链博会有何特点？ 在链博会现场，我的最大感受就是人气特别旺。本届链博会共有来自75个国家和地区的651家企业和机 构参展，其中境外参展商占比达35%，"国际范"更足了。不仅有像苹果公司这样连续三届携手供应商参 展的老朋友，还来了很多新朋友，像英伟达、施耐德等大批知名跨国公司都是首次亮相。 在链博会的另一大感受是新意特别浓。本届链博会专门设置了创新链专区，集中展示创新成果转化应 用，助力实验室里的"金点子"变成产业发展的"金钥匙"。同时，本届链博会还首次举办"链博首发站"新 品发布活动，一大波首发首秀首展来袭，展现创新引领。 链博会还有一大特点，就是"链式逻辑"特别突出。刚才说到有600多家企业和机构参展，但其实不少参 展商是带着产业链上下游的合作伙伴一起来的，所以实际参展商达到了1200多家。而且，本届链博会还 特别注重利用技术和专题活动，帮助企业找朋友、找应用场景、找解决方案，串珠成链，大家一起把蛋 糕做大。 这一圈逛下来，深刻感受到，链博会的高人气，既来自中国"链"的吸引力，也体现了全球工商界对加强 产业链供应链合作的期待。有的国家搞"脱钩 ...

中新网北京7月17日电(记者吴家驹)第三届链博会于7月16日至20日在北京举办。本届链博会成功吸引大 量外企参展，境外参展商占比达到35%。链博会对于外企来说，有何吸引力？ 多位外企高管认为，在当前复杂多变的全球经济环境下，链博会在深化合作方面的作用更加凸显。 天丝集团首席执行官许馨雄表示，链博会为跨国企业提供了更多确定性和可贵的合作机遇。天丝集团期 待通过这个平台深化与中国伙伴的合作，充分发挥中国供应链优势。 多家外企高管向中新网表示，参展链博会可以为企业创造合作机遇。 霍尼韦尔智能工业科技集团副总裁兼大中华区总经理林育麟表示，链博会把世界各地的先进企业聚集在 一起，共同探讨创新合作机会。 林育麟说，霍尼韦尔期待通过链博会更好地展示在自动化、数字转型方面的创新技术与解决方案，并在 链博会上和更多产业链上下游的合作伙伴进行技术交流，探讨合作机会。 本届链博会上，全球矿业巨头力拓集团再次与合作伙伴中国宝武钢铁集团设立具有创意的联合展台，以 展示供应链的协同效应。 力拓集团中国区首席执行官许峰表示，链博会致力于推动韧性、高效和包容的全球产业链供应链发展， 为展示产业合作最佳实践、拓展价值链合作提供了极佳平台。 " ...

Core Viewpoint - The "Sha'anxi Province Automotive Industry Chain Supply and Demand Matching Conference" was held to facilitate practical and efficient communication and cooperation among upstream and downstream enterprises in the commercial vehicle and passenger vehicle (new energy) industry chains in Sha'anxi Province [1][6]. Group 1: Event Overview - The conference was co-hosted by the Sha'anxi Provincial Council for the Promotion of International Trade, the Provincial Department of Industry and Information Technology, and the Provincial Department of Commerce [5]. - Attendees included representatives from over 70 well-known companies in the automotive industry chain, as well as officials from various provincial and municipal trade promotion agencies [5]. Group 2: Industry Promotion - The Provincial Department of Industry and Information Technology promoted the rapid rise and vigorous development of the Sha'anxi automotive industry [5]. - Various economic development zones and trade promotion agencies in Sha'anxi introduced the automotive industry infrastructure, key cooperation areas, and projects [5]. Group 3: Collaboration and Future Actions - The conference aimed to promote mutually beneficial cooperation in the supply chain and contribute to the stability and smooth operation of the global supply chain [6]. - Sha'anxi Province plans to leverage this opportunity to continue supporting enterprises in developing new productive forces and enhancing supply chain collaboration for high-quality development in the automotive industry [6].

Core Insights - The Chain Expo is witnessing significant growth, with over 800 participants, including global Fortune 500 companies and newly established firms, indicating a diverse and expanding network [1] - High-level attendance has increased, with top executives participating, reflecting the event's importance in enhancing global supply chain cooperation, particularly with China [3] Group 1: Participation and Expectations - The event has attracted a mix of first-time and returning participants, all eager to explore partnerships and opportunities across various supply chains [1][15] - Notable attendees include executives from various sectors, highlighting the event's broad appeal and the potential for cross-industry collaboration [1][9] Group 2: Industry Perspectives - HP's CEO emphasized the company's extensive collaboration in China, having produced over 450 million products, showcasing the need for strong partnerships [5] - The UNCTAD's trade facilitation head expressed concerns over declining global logistics cooperation and hopes for improved collaboration with China [7] Group 3: Educational and Consulting Contributions - Educational institutions, such as the University of New South Wales, are contributing to the industry by training Chinese students who are now leaders in major photovoltaic companies, promoting Sino-Australian cooperation [13] - Consulting firms are also present, offering strategic advice rather than products, indicating a shift towards service-oriented contributions in the supply chain [11]