1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - No information provided 3. Summary by Related Catalogs Glass - **Price Changes**: From August 29 to September 5, 2025, the price of 5mm glass in some regions remained stable, while others showed slight fluctuations. For example, the price of 5mm glass in Wuhan Changli remained at 1040.0, and the price of 5mm glass in Hubei increased by 10.0 to 1010.0 [1]. - **Contract Price Changes**: The FG09 contract price decreased by 5.0 to 991.0, and the FG01 contract price increased by 7.0 to 1189.0 [1]. - **Spread Changes**: The FG 9 - 1 spread decreased by 12.0 to -198.0 [1]. - **Basis Changes**: The 09 Hebei basis decreased by 210.0 to -76.0, and the 09 Hubei basis increased by 15.0 to 19.0 [1]. - **Profit Changes**: The North China coal - fired profit decreased by 15.5 to 218.0, and the North China coal - fired cost increased by 6.3 to 895.0. The South China natural gas profit remained at -181.8, and the North China natural gas profit decreased by 19.1 to -242.2 [1]. - **Production and Sales**: The production and sales rate in Shahe was 97, in Hubei was 106, in East China was 86, and in South China was 99 [1]. Soda Ash - **Price Changes**: From August 28 to September 4, 2025, the price of heavy soda ash in some regions changed. For example, the price of heavy soda ash in Shahe decreased by 10.0 and then increased by 20.0 to 1200.0, and the price of heavy soda ash in Qinghai decreased by 80.0 to 930.0 [1]. - **Contract Price Changes**: The SA05 contract price decreased by 22.0 to 1357.0, the SA01 contract price decreased by 34.0 to 1277.0, and the SA09 contract price decreased by 27.0 to 1160.0 [1]. - **Basis Changes**: The SA09 Shahe basis increased by 17.0 to 40.0 [1]. - **Spread Changes**: The SA month - spread 09 - 01 increased by 7.0 to -117.0 [1]. - **Profit Changes**: The North China ammonia - soda process profit decreased by 12.4 to -171.5, and the North China combined - soda process profit data was unavailable on September 4 [1]. - **Inventory Status**: Soda ash factories reduced inventory, while delivery warehouses increased inventory, with an overall slight reduction in inventory [1].

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints - No clear core viewpoints are presented in the given content 3. Summary by Related Catalogs Glass Price and Contract Information - From August 19 to August 26, 2025, the price of 5mm glass in various regions showed different trends. For example, the price of 5mm glass at Shahe Anquan decreased from 1164.0 to 1130.0, a weekly change of -34.0 and a daily change of -13.0 [2]. - The FG09 contract price dropped from 1020.0 to 984.0, with a weekly change of -36.0 and a daily change of -15.0; the FG01 contract price decreased from 1196.0 to 1173.0, with a weekly change of -23.0 and a daily change of -18.0 [2]. Production and Sales - The production and sales of glass in different regions varied. Shahe had a production - sales ratio of 108, Hubei 125, East China 112, and South China 98 [2]. Profit - The profit of glass production also changed. For example, the profit of North China's coal - fired glass decreased from 228.8 to 214.4, a weekly change of -14.4 and a daily change of 7.1; the profit of North China's natural - gas glass decreased from -223.5 to -240.1, a weekly change of -16.6 and a daily change of 4.2 [2]. Soda Ash Price and Contract Information - From August 19 to August 26, 2025, the price of heavy soda ash in different regions changed. The price of heavy soda ash in Shahe decreased from 1240.0 to 1210.0, a weekly change of -30.0 and a daily change of -20.0; the price of heavy soda ash in Central China decreased from 1240.0 to 1200.0, a weekly change of -40.0 and a daily change of -20.0 [2]. - The SA05 contract price dropped from 1413.0 to 1377.0, with a weekly change of -36.0 and a daily change of -16.0; the SA01 contract price decreased from 1358.0 to 1311.0, with a weekly change of -47.0 and a daily change of -26.0; the SA09 contract price decreased from 1245.0 to 1200.0, with a weekly change of -45.0 and a daily change of -26.0 [2]. Industry Situation - The soda ash industry showed a slight reduction in factory inventory [2].