According to the commodity analysis system of SunSirs, the price of glass in the spot market increased last week. The average price of glass was 19.16 RMB / m2 on Monday and 19.5 RMB / m2 on Friday. The price increased by 1.77% during the week.
The price of glass in the spot market rose last week. The production and sales of the whole industry in the market are in good condition, and the overall inventory is declining. In terms of sub regions, in Shahe of North China, the market turnover is better, the inventory in the plant has decreased significantly, and the market price has increased on the whole. The market trading situation in East China is general, the downstream goods taking situation is acceptable, and the inventory decreases. The overall market in Central China is acceptable, the downstream goods taking situation is relatively acceptable, and the manufacturer's inventory has decreased. The production and sales of glass in South China are general, the wait-and-see sentiment in the middle and lower reaches of the market is obvious, and the market inventory increases slightly. The glass market in the southwest region is in general, and the inventory of enterprises decreased slightly. The glass market in Northwest China is general, and the inventory of enterprises increases slightly. The market situation in the northeast region is acceptable, the downstream goods taking situation is good, and the inventory is declining.
According to the commodity analysis system of the SunSirs, the overall price of soda ash was adjusted last week. The average price of soda ash last week was 2,090 RMB / ton. The overall transaction was tepid, the inventory of individual enterprises fell, the overall fluctuation was not large, the downstream performance was relatively stable, and the inventory was replenished as needed. It was comprehensively expected that soda ash or consolidation operation market.
In terms of liquefied natural gas, according to the commodity market analysis system of the SunSirs, the domestic price of liquefied natural gas fell last week. The average price of domestic LNG was 4,496 RMB / ton on Monday and 4,330 RMB / ton on Friday. The price fell by 3.69% during the week. According to the LNG analyst of shanghaishe, the current market demand is weak, the downstream is resistant to high prices, and the LNG price is weak.
On the macro level, the people's Bank of China has decided to reduce the personal housing provident fund loan interest rate by 0.25 percentage points from May 18, 2024. The first personal housing provident fund loan interest rate for less than 5 years (including 5 years) and more than 5 years was adjusted to 2.35% and 2.85%, and the second personal housing provident fund loan interest rate for less than 5 years (including 5 years) and more than 5 years was adjusted to no less than 2.775% and 3.325%, respectively.
According to the prediction of the SunSirs, some glass production lines were cold repaired last week, and the overall production and sales situation was good. The prices of individual low inventory enterprises rose, boosting market confidence, and the spot prices in the glass market increased. Macroscopically, the interest rate of individual housing provident fund loans will be lowered from May 18. It is good for the pre deposit of the building materials market. Today, the glass futures market is generally strong. It is expected that the glass spot market will be stable and strong in the short term.
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