7.24 | Jubo Info: Yufeng Line3 drained, full stop; North China glass down, spot weak. Al futures-spot up, shipments diverge.

Glass｜Float Glass

Glass Price Adjustment Information 

7.23

Guangdong Yufeng: Plans to hike prices RMB 20/ton.

7.25

Zhangzhou Kibing: Extra-clear glass to rise RMB 20/ton.

Float Glass production line dynamics

Jul 24: Guangdong Yufeng Line 3 (700t/d designed capacity) drained.

Glass Spot & Futures Price Market

National Average Price of Float Glass

• 7.23: The national average reference price of float glass spot market stood at RMB 1,069 per ton, down RMB 2 versus July 22.

• 7.23: The glass futures contract FG2609 closed at RMB 899 per ton, down RMB 14 per ton from July 22.

• North China: The price of large panels in the Shahe area has declined, and the overall transaction volume has shifted downward.

  
  

• East China: Overall trading activity was sluggish, with prices in Zhejiang and Jiangsu provinces experiencing a slight decline.

  
  

• Central China: There is limited demand from downstream users, resulting in a weak yet stable market trend.

  
  

• South China: With supply-side contraction, market expectations for price increases are growing; prices have rebounded in Guangdong and Fujian.

Glass｜Photovoltaic Glass (PV Glass)

PV Glass Prices

• Domestic PV glass prices remain steady while overall turnover stays sluggish; downstream only conducts limited rigid procurement. Wait-and-see sentiment persists, and the supply-demand gap gradually narrows. The PV glass market is expected to remain weak in the short run.

Raw Materials｜Soda Ash

Price Quotations

• 7.23: The operating rate of domestic soda ash plants stood at 80.67%, unchanged from 80.67% on Jul 22.
  

• The domestic soda ash market fluctuates within a stable range with no sharp shifts in manufacturers’ quotations, and trading turns more flexible. Supply output stays high, and downstream buyers replenish inventories merely for rigid demand. Prices are projected to hold steady with weak adjustments shortly.

Fuel｜Petroleum Coke & LNG

• Current average market price recorded is 3,297 RMB/ton.

• Current average market price recorded is 5,372 RMB/ton.

Aluminum｜Aluminum Ingot

• Domestic aluminum ingot spot prices surge broadly. Foshan market faces mounting pressure, and suppliers are eager to liquidate stocks. In East China, downstream purchases are limited to rigid demand, and weak market conditions see no notable improvement.

  
  

Aluminum｜Aluminum Profile

• SHFE Aluminum fluctuates higher alongside rising spot prices. Overall trading remains muted amid the off-consumption season. For aluminum billets, regional processing fees trend lower with poor spot turnover. For aluminum rods, downstream buyers only make rigid purchases on cautious market sentiment.