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SunSirs: The Spot Market Price of Glass Rose in China Last Week (January 9-13)
January 16 2023 13:58:42SunSirs(Selena)

According to the monitoring of SunSirs, the spot market price of glass rose last week. The average price of glass on Monday last week was 19.14 RMB/square meter, and the average price on Friday last week was 19.25 RMB/square meter. The price rose by 0.57% during the week.

The spot market price of glass rose last week. From a regional perspective, the overall production and sales of Shahe in North China slowed down, and the downstream and traders hoarded goods appropriately before the Spring Festival, and the inventory of original enterprises decreased. The market trading situation in East China is general, the inventory is declining, and the market transaction is relatively flexible. Central China's overall production and sales are average, inventory is reduced, and the market is stable. The delivery and delivery of the spot glass in South China is general, and the downstream processing plants have many shutdowns and holidays, and the delivery and delivery are general. The production and sales in Southwest China are average, the shipment slows down and the inventory decreases. The glass market in northwest China is weak, and the inventory is slowly increasing. The market trend in Northeast China was light, and the inventory increased.

In terms of soda ash, according to the monitoring data of SunSirs, the overall price of soda ash was stable last week, and as of January 13, the average price of domestic soda ash was 2,664 RMB/ton. At present, the market delivery performance is fairly good. The domestic soda ash is in consolidation operation, and the downstream is mostly purchased according to demand. It is comprehensively estimated that the soda ash will be in stable and dynamic operation.

In terms of LNG, the domestic natural gas market price was lowered this week. According to the data monitoring of SunSirs, as of January 13, the average price of domestic liquefied natural gas was 6,232 RMB/ton, which was 3.89% lower than the average price of 6,484 RMB/ton on January 9. It is expected that the focus of the natural gas market will be downward in the short term.

According to the prediction of SunSirs, the spot market of glass continued to rise slightly last week, and the production and sales of the spot market of glass were fair. As the Spring Festival approaches, the downstream market stores goods appropriately, and production and sales gradually slow down. It is expected that in the short term, the spot market for glass will be more general.

 

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