SunSirs: The Spot Market Price of Glass in China Rose and Fell Last Week (January 15-19)

According to the Commodity Analysis System of SunSirs, the spot market price of glass fell last week. At the beginning of the week, the average price of glass was 21.93 RMB/square meter. Last Friday, the average price was 21.64 RMB/square meter. During the week, the price decreased by 1.32%.

Last week, the spot market price of glass fell. The overall industry production and sales situation in the market is average, and enterprise inventory has shifted from decline to increase. From a regional perspective, the glass spot market in Shahe, North China is affected by futures supply, with flexible trading conditions, poor manufacturer shipments, and an increase in enterprise inventory. The market trading situation in the East China region is average, with downstream demand for goods and an increase in inventory. The overall production and sales in Central China are average, and the downstream purchasing enthusiasm is still good. The inventory of manufacturers has not changed much, with a slight increase. The production and sales situation of glass in South China is average, and the middle and downstream markets require replenishment. The inventory has remained basically unchanged, with a slight decrease. The production and sales of glass in the southwest region are average, with a slight increase in enterprise inventory. The glass market in the northwest region is average, and there is little change in enterprise inventory. The market situation in the Northeast region is average, and inventory has decreased.

According to the Commodity Analysis System of SunSirs, the price of soda ash fell last week. As of now, the mainstream market quotation for light soda ash in central China is around 2,100-2,400 RMB/ton; The mainstream market for light soda ash in East China is around 2,200-2,400 RMB/ton; The mainstream market for light soda ash in South China is around 2,400-2,500 RMB/ton. Overall, the price of soda ash is running weakly, with average downstream demand and less active procurement. It is expected that the market for soda ash may be weak.

In terms of LNG, according to the commodity market analysis system of SunSirs, the domestic price of liquefied natural gas fell last week. As of January 19th, the average price of liquefied natural gas in China was 4,452 RMB/ton, which is 8.32% lower than the average price of 4,856 RMB/ton on January 15th. Liquefied natural gas analysts from SunSirs believe that due to the impact of rainy and snowy weather in some regions of China, market circulation is restricted, and coupled with reduced upstream and downstream demand, liquid prices have been lowered. It is expected that domestic liquefied natural gas prices will continue to operate weakly in the short term.

According to SunSirs, spot prices in the glass market fell last week. The price of upstream soda ash has fallen, and the price of liquefied natural gas has also fallen. Weak cost support. Last week, the processing enterprises in the middle and lower reaches mainly replenished goods in demand, and the delivery situation was relatively light. The overall confidence in the glass spot market has weakened. It is expected that the glass spot market will be weak and consolidating in the short term.

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