According to the monitoring of SunSirs, the spot market price of glass fell last week. The average price of glass on the first day of last week was 19.63 RMB/square meter, and the average price on Friday was 19.02 RMB/square meter. The price fell within the week by 3.11%.
The spot market price of glass fell last week. The market turnover in North China's Shahe region is general. The transportation in some areas of Shahe is blocked, the glass shipment is weakened, the inventory is increased, and the spot price in the market is partially lowered. In East China, the market turnover was average, and the market price was lowered to stimulate downstream and dealers to take goods. The overall production and sales in Central China are average, and the transportation in some regions is blocked. The shipment situation has declined slightly, and the spot price in the market has decreased. The spot delivery of glass in South China is general, the market price is lowered, downstream enterprises replenish as needed, the production and sales are basically balanced, and the inventory is reduced. The production and sales in Southwest China are ordinary, and the partial shipment is not smooth. The glass market in northwest China is average. The market trend in Northeast China was light, and the inventory increased in the slack winter season.
In terms of soda ash, according to the monitoring data of SunSirs, the price of soda ash last week was stable and dynamic. The average market price of light soda ash was 2,650 RMB/ ton at the beginning of the week, and 2,644 RMB/ ton at the end of the week, down 0.23%. According to the analysts of SunSirs, the overall price of domestic soda ash is stable and slightly dynamic. Recently, some soda ash enterprises have started to work in a relatively stable way. The overall delivery and investment atmosphere is average. The downstream of soda ash is still mainly purchased on demand. The upstream and downstream supply and demand play a game, and the price of soda ash is under pressure. It is estimated that the price of soda ash will be mainly consolidated in the later period, depending on the downstream market demand.
In terms of LNG, according to the data monitoring of SunSirs, as of November 11, the average price of domestic LNG was 4,806 RMB/ ton, down 2.91% from the average price of 4,806 RMB/ ton on November 11. LNG analysts from SunSirs believe that due to the sluggish terminal demand in recent days, the market for LNG continues to run weak due to oversupply on the market. The industry held a wait-and-see attitude, with gains and losses in various regions of China. Although the cost has some support, the demand side has not improved, and the LNG market is expected to consolidate in the short term.
According to the prediction of SunSirs, the overall trading of the glass spot market last week was not good. Transportation in some areas is affected to some extent. On the whole, the transaction price of glass market fell. The market confidence in the market is insufficient, and the downstream processing plant enterprises just need to purchase. It is expected that China glass spot market will be stable and weak in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.