9.23 | Jubo Info: Muted pre-holiday stocking; glass spot steady. Al futures & spot down, stocks drawn slowly.

Float Glass｜Price Adjustment Information

9.22

• Chengdu CSG: Extra-white glass to rise by 40 RMB/ton.

9.23

• Shahe Jinhongyang: Plans to cut prices by 2 RMB/weight box.

• Shahe Zhengda: Large sheet ex-factory price to drop by 20 RMB/ton.

• Nanhe Changhong: European Grey series to rise by 1 RMB/weight box.

Float Glass｜Price Market Quotations

National Average Price of Float Glass

• 9.22: National reference spot price of float glass stood at RMB 1,069 RMB/ton, unchanged from Sep 21.

• 9.22: Glass futures contract FG2701 closed at RMB 932 RMB/ton, up 9 RMB/ton from Sep 21.

Average Prices of Float Glass by Region

• North China: Overall trading activity remained modest, and some manufacturers in Shahe continued to lower their prices.

• East China: Shipping from some manufacturers has slowed, and the market is undergoing narrow-range consolidation.

• Central China: Downstream procurement is primarily driven by essential demand, with transaction volumes varying across different regions.

• South China: Some manufacturers are offering discounts on their shipments, while the market remains stable and operates smoothly.

PV Glass｜Price Market Quotations

Average Prices of 3.2mm Photovoltaic Glass by Region

Average Prices of 2.0mm Photovoltaic Glass by Region

• China’s photovoltaic glass market remained weak with muted trading. Ahead of holidays, buyers were reluctant to build inventories, and manufacturers faced sales pressure. Prices held steady, and the market is expected to fluctuate weakly in the short term.

Soda Ash｜Unit Dynamics

Shandong Haitian delayed its restart plan; Xuzhou Fengcheng shut down for maintenance.

Soda Ash｜Price Quotations

Light Soda Ash Prices by Regions

Heavy Soda Ash Prices by Region

• 9.22: The operating rate of domestic soda ash units was 75.78%, up 1.52% from 74.26% on Sep 21.

• Domestic soda ash prices stayed stable with limited transactions. Buyers purchased as needed, and pre-holiday restocking slowed; manufacturers mainly delivered prior orders. The soda ash market is projected to remain weak shortly.

Fuel｜Petroleum Coke、LNG

National Average Price of Petroleum Coke

• Current average market price recorded is 3,600 RMB/ton.

National Average Price of LNG

• Current average market price recorded is 6,244 RMB/ton.

Aluminum｜Aluminum Ingot

• Domestic spot aluminum ingots trended weakly with falling prices and divergent trading in core regions. Foshan market stabilized; holders tried to support prices for sales. Wuxi market improved with active trading.

Aluminum｜Aluminum Profile

• Domestic Al futures and spot prices weakened in tandem amid thin trading. Before holidays, cargo holders were willing to sell while downstream buyers remained cautious with rising wait-and-see sentiment. Primary Al supply stayed stable, and industrial inventories declined slowly.