News summary

The spot price of Shahe Glass remains at around 1550 yuanpokerring, production and sales have declined month-on-month recently but can still remain on weekends; the daily melting volume of glass has declined month-on-monthpokerring, demand is still high year-on-year; in terms of inventory, factory warehouses are higher year-on-year. Spot prices for soda ash rose but were resisted by downstream; demand fell month-on-month, and inventories were slightly tired. The price increase in Qinghai salt will not affect production for the time being.

Newsletter text

[The spot price of Shahe Glass fluctuated slightly, and the price of soda ash in the market increased]

The spot price of glass in Shahe area has remained basically stable, with the current price around 1550 yuan; while the Hubei market price is relatively low, starting at 1520 yuan.

The production and sales ratio of the Shahe glass market reached 100% over the weekend, while that of Hubei was 67%. East China and South China recorded 82% and 65% respectively, indicating that the overall production and sales ratio has declined month-on-month recently, but the Shahe market performed well over the weekend.

In terms of supply and demand, the daily melting volume of glass decreased slightly month-on-month during this cycle, while demand increased slightly month-on-month. Compared with the same period last year, demand is currently in the mid-to-high range.

Inventory data shows that factory inventories have decreased during this cycle, but they are still at a high level compared with last year; Shahe traders 'inventories have increased slightly, and are still at a medium level compared with last year.

The spot market price of soda ash shows an upward trend. Although the 06 contract price is flat, the downstream market acceptance is not high. On Friday, an alkali factory sold its products to Shahe Glass Factory for 2100 yuan.

In terms of demand, demand for soda ash decreased month-on-month during this cycle, and demand for light soda also declined during the same period.

At the inventory level, the inventory of the factory warehouse decreased slightly during this cycle, and the inventory of the delivery warehouse increased slightly. The overall situation showed a small accumulation, and the factory's orders also decreased.

In terms of industrial dynamics, Qinghai Kunfa invested in maintenance lasts for 5 days, and Yuanxing's daily output is between 10,000 and 10,000.pokerringBetween.10,000 tons, the subsequent burden increase process is worthy of attention; Jiangsu Shilian is currently in maintenance status, and Qinghai salt prices are rising, but it has not affected production for the time being.