SunSirs: The Spot Market Price of Glass was Stable in China Last Week

According to the monitoring of SunSirs, the spot market price of glass fell within the week. The average price on Friday last week was 19.77 RMB/square meter. The price fell slightly within seven days, by 0.15%.

During the week, the spot market price of glass was stable and slightly changed. The market trading and investment situation in North China Shahe region is general, the market price is relatively flexible, and the enthusiasm of traders and downstream customers to replenish goods is general. Later, they will wait and see more, and the overall manufacturer's inventory has decreased. In East China, the market trading situation is general, the market price is more flexible, and the inventory is reduced slightly. The overall production and sales in central China are not good. The prices of manufacturers have been reduced sporadically. Downstream and traders have replenished goods as needed, and the inventory has increased. The spot delivery of glass in South China is general, and downstream enterprises replenish as needed, with production and sales basically balanced. The production and marketing in the southwest are basically balanced, and the downstream is more wait-and-see. The glass market in northwest China is average, and the inventory has increased. The market trend in Northeast China is general, and the procurement is mainly on demand.

According to the monitoring data of SunSirs, the overall price of soda ash this week is mainly stable, and the price is large, stable and small. The current mainstream market price of light soda ash in East China is about 2,650-2,800 RMB/ ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2,650-2,750 RMB/ ton. The recent orders of soda ash enterprises are relatively sufficient.

In terms of LNG, according to the data monitoring of SunSirs, the average price of domestic LNG was 6,342 RMB/ ton on October 17, and 6,332 RMB/ ton on October 21. Domestic LNG prices fell 0.16% this week. Last week, the domestic LNG price fell first and then rose, with a slight shock. At present, the market demand is general, and the market trading is weak. With the improvement of transportation and heating in winter, the industry is in a strong bullish mood. It is expected that the market of LNG will continue to consolidate in the short term.

The overall trading in the glass spot market was light last week. On the whole, the glass market is relatively flexible. Downstream processing plants mainly purchase on demand, and most manufacturers' quotations are stable. It is expected that China glass spot market will temporarily operate stably in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.