7.17 | Jubo Info: Tangshan Jinxin 1000t PV line restarted; glass soft in Central & NE China. Al futures up, spots down sideways.

Glass｜Float Glass

Glass Price Adjustment Information

7.16

Xinyi Wuhu & Zhangjiagang: Ultra-clear glass prices to cut by RMB 40/ton.

7.20

Hubei Minghong: Clear glass to rise by RMB 1 per weight box; Low-E glass up RMB 0.5 per square meter.

Float Glass production line dynamics

7.15: Weihai Zhongbo Line 2 (500 tons/day designed capacity) switched production from Euro Grey to Euro Bronze glass and started feeding raw materials.

Glass Spot & Futures Price Market

National Average Price of Float Glass

• 7.16: National average spot price of float glass hit RMB 1,085/ton, down RMB 4 from Jul 15.
  

• 7.16: Glass futures contract FG2609 closed at RMB 929 per ton, a drop of RMB 20 per ton compared with July 15.

• North China: The market continues to perform weakly, with some manufacturers implementing narrow price cuts.
  

  
  

• East China: A production line in Shandong has been shut down; downstream buyers mainly purchase at lower prices; prices in Jiangsu Province have declined slightly.

  
  

• Central China: Some manufacturers have adopted a flexible approach to shipments, resulting in a downward shift in the overall transaction focus.

  
  

• South China: The purchases are primarily driven by essential corporate needs, while regional transportation companies generally make such purchases as well.

Glass｜Photovoltaic Glass (PV Glass)

PV Glass Prices

• Domestic PV glass market remained generally stable. One production line resumed operation, causing minor output swings. Downstream buyers only covered rigid demand; PV glass prices are projected to fluctuate slightly at stable levels in the short run.

  
  

Raw Materials｜Soda Ash

Price Quotations

• 7.16: The operating rate of domestic soda ash plants stood at 77.78%, flat from 77.78% on July 15.
  

• Soda ash prices barely changed with sluggish overall trading. Downstream purchasing sentiment stayed weak, and manufacturers purchased on demand only. The soda ash market is expected to run soft and steady shortly.

Fuel｜Petroleum Coke & LNG

National Average Price of Petroleum Coke

• Current average market price recorded is 3,208 RMB/ton.

National Average Price of LNG

• Current average market price recorded is 5,457 RMB/ton.

Aluminum｜Aluminum Ingot

• Domestic aluminum ingot spot prices edged down slightly with divergent trading across regions. Foshan market recovered with faster inventory destocking; holders in Wuxi kept cutting offers amid feeble demand.

  
  

Aluminum｜Aluminum Profile

• Futures and spot aluminum markets diverged mildly. SHFE aluminum futures edged up while spot prices dipped marginally, with muted overall turnover. For aluminum billets, regional processing fees consolidated weakly and factory shipments were mediocre. For aluminum rods, buying interest was thin, forcing holders to slash processing fees under pressure.