SunSirs: The Price of Glass Spot Market Fell Last Week (December 5-9)

According to the monitoring of SunSirs, the spot market price of glass fell within the week. The average price of glass on Monday was 18.33 RMB/square meter, and the average price on Friday was 18.08 RMB/square meter. The price fell within the week by 1.36%.

The spot market price of glass fell within the week. The market turnover in North China's Shahe region is light, the spot price of the market has been partly lowered, the market shipment is general, and the market transaction is flexible. In East China, the market delivery and delivery conditions were acceptable, and the downstream replenishment at the end of the year supported the decline of inventory. In central China, the overall production and sales are fairly good, and some enterprises sell at a discount, leading to a decline in inventory. The spot delivery of glass in South China is fairly good. Downstream enterprises replenish as needed. Production and sales are basically balanced, and the inventory has decreased. The production and sales in Southwest China are average, and the enterprise's shipment is average. The market trend in the northwest and northeast regions was light, and the inventory increased slightly.

In terms of soda ash, according to the monitoring data of SunSirs, the price of soda ash rose slightly last week. On December 9, the reference price of light soda ash was 2,640.00 RMB/ton, up 0.08% compared with 2,638.00 RMB/ton on December 5. The upstream and downstream supply and demand game, the price of soda ash is under pressure, and the soda ash market is expected to be stable or dynamic, depending on the downstream market demand.

In terms of LNG, according to the data monitoring of SunSirs, as of December 9, the average price of domestic LNG was 7,194 RMB/ton, up 27.1% from the average price of 5,660 RMB/ton on December 5. Recently, the price of feed gas has risen sharply, and the cost of the liquid plant has increased. The supply of liquefied natural gas in the field was reduced, and the cooling led to a small increase in downstream demand.

According to the prediction of SunSirs, the glass spot market will continue to decline slightly last week. As the demand for expediting at the end of the year in the south is fair, the market demand for entering winter in the north is light, and the winter storage plan is less than expected. The spot delivery of glass is flexible. It is expected that China glass spot market will be more wait-and-see in the short term, mainly for stable operation.

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