2 0 2 6 - 0 2 - 0 7 纯碱玻璃产业链周度报告 研究员：于小栋 从业资格号：F3081787 交易咨询从业证书号：Z0019360 目 录 C O N T E N T S 01 纯碱市场综述 02 月度供需 03 基差价差 04 纯碱市场价格 05 纯碱供应 06 纯碱需求 07 纯碱库存 08 仓单数量 /有效预报 09 地产相关数据 01 玻璃市场综述 02 月度供需 03 基差价差 04 玻璃市场价格 05 玻璃供应 06 玻璃需求 07 玻璃库存 纯碱 玻璃 01 纯碱市场综述 目录 目 录 市场综述 | | | | | | 纯 碱 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 项 目 | 备 注 | 当 期 | 环 比 | 下期(E) | 下下期(E) | 思 路 | | | 总产量（万吨） | | 77.43 | -0.88 | 77.43 | 77.75 | | | 供 应 | 重质产量（万吨） | | 41.4 | -0.71 | 41.40 | 41.57 | 周产量整体高位运行，新产能尚有增量潜力；后 ...

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View - Not provided in the given content 3. Summary by Relevant Catalogs Supply - **Soda Ash**: The current week's soda ash开工率 is 86.89%, up 1.95 percentage points from the previous value; the产量 is 75.76 tons, up 1.7 tons; the重质产量 is 41.98 tons, up 0.98 tons; the轻质产量 is 33.78 tons, up 0.72 tons [1] - **Glass**: The current week's glass开工率 remains at 76.350%, the产线条数 remains at 226, and the产量 remains at 112.8925 tons [1] Inventory - **Soda Ash**: The current week's soda ash厂内库存 is 170.2 tons, down 0.01 tons; the重质库存 is 88.64 tons, down 4.81 tons; the轻质库存 is 81.56 tons, up 4.8 tons; the库存可用天数 is 14.11 days, unchanged [1] - **Glass**: The current week's glass库存 is 6579 (unit not specified), down 82.3; the库存可用天数 is 28 days, down 0.3 days [1] Profit - **Soda Ash**: The current week's soda ash氨碱法毛利 is -41.7 yuan/ton, down 9.3 yuan/ton; the联产法毛利 is -165 yuan/ton, down 4 yuan/ton [1] - **Glass**: The current week's glass天然气利润 is -157.7 yuan/ton, down 37.14 yuan/ton; the石油焦利润 is 1.09 yuan/ton, down 47.14 yuan/ton; the煤制气利润 is 63.45 yuan/ton, down 49.78 yuan/ton [1] Basis & Spread - **Soda Ash**: The current week's soda ash基差 remains at -50; the 1 - 5价差 is 89, up 6; the纯碱 - glass 01价差 is 144, up 17; the纯碱 - glass 05价差 is 81, up 19 [1] - **Glass**: The current week's glass基差 is 30, up 12; the 1 - 5价差 is 152, up 4 [1]