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<!DOCTYPE html>
<html lang="zh-CN" data-theme="night">
<head>
<meta charset="UTF-8">
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<title>深度研报:纯碱概念</title>
<!-- Tailwind & DaisyUI -->
<link href="https://cdn.jsdelivr.net/npm/daisyui@4.10.1/dist/full.min.css" rel="stylesheet" type="text/css" />
<script src="https://cdn.tailwindcss.com"></script>
<!-- Alpine.js -->
<script defer src="https://cdn.jsdelivr.net/npm/alpinejs@3.x.x/dist/cdn.min.js"></script>
<!-- ECharts -->
<script src="https://cdn.jsdelivr.net/npm/echarts@5.5.0/dist/echarts.min.js"></script>
<style>
@import url('https://fonts.googleapis.com/css2?family=Noto+Sans+SC:wght@300;400;500;700&display=swap');
body {
font-family: 'Noto Sans SC', sans-serif;
background-color: #0c0a09; /* A very dark, near-black background */
background-image:
radial-gradient(circle at 15% 15%, rgba(14, 165, 233, 0.15) 0%, transparent 40%),
radial-gradient(circle at 85% 75%, rgba(139, 92, 246, 0.15) 0%, transparent 40%);
background-attachment: fixed;
color: #e5e7eb; /* Light gray for text */
}
.glass-card {
background: rgba(17, 24, 39, 0.6); /* Semi-transparent dark blue-gray */
backdrop-filter: blur(20px);
-webkit-backdrop-filter: blur(20px);
border: 1px solid rgba(255, 255, 255, 0.1);
border-radius: 1.5rem; /* 24px */
box-shadow: 0 8px 32px 0 rgba(0, 0, 0, 0.37);
}
.bento-grid {
display: grid;
gap: 1.5rem;
grid-template-columns: repeat(12, 1fr);
}
.bento-item {
transition: all 0.3s ease-in-out;
}
.glow-border {
position: relative;
}
.glow-border::before {
content: '';
position: absolute;
top: -1px; left: -1px; right: -1px; bottom: -1px;
background: conic-gradient(from 180deg at 50% 50%, rgba(14, 165, 233, 0.8) 0%, rgba(139, 92, 246, 0.8) 50%, rgba(14, 165, 233, 0.8) 100%);
filter: blur(15px);
z-index: -1;
border-radius: inherit;
opacity: 0.5;
animation: spin 5s linear infinite;
}
@keyframes spin {
from { transform: rotate(0deg); }
to { transform: rotate(360deg); }
}
.title-glow {
text-shadow: 0 0 8px rgba(14, 165, 233, 0.5), 0 0 16px rgba(139, 92, 246, 0.3);
}
.daisy-table a {
color: #38bdf8;
transition: color 0.2s ease;
}
.daisy-table a:hover {
color: #7dd3fc;
}
.prose-custom {
color: #d1d5db;
}
.prose-custom h1, .prose-custom h2, .prose-custom h3, .prose-custom h4, .prose-custom strong {
color: #f9fafb;
}
.prose-custom ul > li::before {
background-color: #60a5fa;
}
.tab-active-glow {
box-shadow: 0 2px 15px -3px rgba(14, 165, 233, 0.6), 0 4px 6px -4px rgba(14, 165, 233, 0.5);
}
</style>
</head>
<body class="antialiased">
<div class="container mx-auto p-4 md:p-8">
<!-- Header -->
<header class="text-center mb-12">
<h1 class="text-4xl md:text-6xl font-bold title-glow">纯碱 (Soda Ash)</h1>
<p class="text-lg text-gray-400 mt-2">概念深度研究报告</p>
<p class="text-sm text-gray-500 mt-4">由 北京价值前沿科技有限公司 AI投研agent“价小前投研” 进行投研呈现</p>
</header>
<!-- Insight Core -->
<main class="space-y-12">
<!-- Concept Event & Core View -->
<section class="glass-card p-8 glow-border">
<h2 class="text-2xl font-bold mb-6 text-sky-300">概念事件与核心观点</h2>
<div class="grid grid-cols-1 lg:grid-cols-3 gap-8">
<div class="lg:col-span-1">
<h3 class="font-semibold text-lg mb-3 text-violet-300">核心事件:供给侧革命</h3>
<p class="text-gray-300 leading-relaxed">纯碱市场在2023-2025年经历了一场由**天然碱法产能颠覆性扩张**与**下游需求增长乏力**之间的尖锐矛盾引发的剧烈周期性波动。</p>
<ul class="timeline timeline-compact timeline-vertical mt-4">
<li>
<div class="timeline-start timeline-box">2023年及以前</div>
<div class="timeline-middle"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20" fill="currentColor" class="w-5 h-5 text-sky-400"><path fill-rule="evenodd" d="M10 18a8 8 0 100-16 8 8 0 000 16zm3.857-9.809a.75.75 0 00-1.214-.882l-3.483 4.79-1.88-1.88a.75.75 0 10-1.06 1.061l2.5 2.5a.75.75 0 001.137-.089l4-5.5z" clip-rule="evenodd" /></svg></div>
<div class="timeline-end timeline-box">氨碱法、联碱法主导,产能稳定。</div>
<hr/>
</li>
<li>
<hr/>
<div class="timeline-start timeline-box">2023年 转折点</div>
<div class="timeline-middle"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20" fill="currentColor" class="w-5 h-5 text-violet-400"><path fill-rule="evenodd" d="M10 18a8 8 0 100-16 8 8 0 000 16zm3.857-9.809a.75.75 0 00-1.214-.882l-3.483 4.79-1.88-1.88a.75.75 0 10-1.06 1.061l2.5 2.5a.75.75 0 001.137-.089l4-5.5z" clip-rule="evenodd" /></svg></div>
<div class="timeline-end timeline-box">远兴能源阿拉善项目投产,新增~630万吨低成本天然碱产能。</div>
<hr/>
</li>
<li>
<hr/>
<div class="timeline-start timeline-box">2024年 矛盾显现</div>
<div class="timeline-middle"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20" fill="currentColor" class="w-5 h-5 text-amber-400"><path fill-rule="evenodd" d="M10 18a8 8 0 100-16 8 8 0 000 16zm3.857-9.809a.75.75 0 00-1.214-.882l-3.483 4.79-1.88-1.88a.75.75 0 10-1.06 1.061l2.5 2.5a.75.75 0 001.137-.089l4-5.5z" clip-rule="evenodd" /></svg></div>
<div class="timeline-end timeline-box">供给过剩库存飙升至140万吨历史峰值价格跌破成本线。</div>
<hr/>
</li>
<li>
<hr/>
<div class="timeline-start timeline-box">2025年及以后</div>
<div class="timeline-middle"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20" fill="currentColor" class="w-5 h-5 text-red-400"><path fill-rule="evenodd" d="M10 18a8 8 0 100-16 8 8 0 000 16zm3.857-9.809a.75.75 0 00-1.214-.882l-3.483 4.79-1.88-1.88a.75.75 0 10-1.06 1.061l2.5 2.5a.75.75 0 001.137-.089l4-5.5z" clip-rule="evenodd" /></svg></div>
<div class="timeline-end timeline-box">预期进入行业出清阶段,高成本落后产能面临淘汰压力。</div>
</li>
</ul>
</div>
<div class="lg:col-span-2">
<h3 class="font-semibold text-lg mb-3 text-violet-300">核心观点摘要</h3>
<p class="text-gray-300 leading-relaxed text-lg">纯碱概念正处于一场深刻的**供给侧革命**所驱动的**周期性底部**。其核心驱动力是低成本**天然碱法**产能的爆发式增长,它正在重塑行业的成本曲线与竞争格局。当前市场正经历产能过剩、价格承压、库存高企的阵痛期,未来潜力在于落后产能出清后的**行业集中度提升**以及**新龙头企业的价值重估**。</p>
<div id="priceInventoryChart" class="w-full h-72 mt-6"></div>
</div>
</div>
</section>
<!-- Bento Grid for Detailed Insight -->
<section class="bento-grid">
<div class="bento-item glass-card p-6 col-span-12 md:col-span-7">
<h3 class="font-bold text-xl mb-4 text-sky-300">核心逻辑:资源禀赋驱动的成本颠覆</h3>
<div class="prose prose-custom max-w-none">
<p>本次周期的根本驱动力是**成本颠覆**,而非需求爆发。</p>
<ol>
<li><strong>供给端革命</strong>:以远兴能源为首的天然碱矿大规模开发是核心变量。天然碱法成本仅<strong>~1000元/吨</strong>(远兴项目可低至<strong>550-600元/吨</strong>),远低于传统氨碱法(~1600-1750元/吨)和联碱法(~1300-1550元/吨)。巨大的成本优势使其具备在下行周期中“清洗”高成本产能的绝对能力。</li>
<li><strong>环保政策倒逼</strong>:氨碱法污染大、原料利用率低,在环保趋严背景下,产能未来大概率将面临收缩。政策对绿色工艺的倾斜将加速这一进程。</li>
</ol>
<div class="stats stats-vertical lg:stats-horizontal shadow w-full mt-4 bg-transparent border border-gray-700">
<div class="stat">
<div class="stat-title">天然碱法成本</div>
<div class="stat-value text-sky-400">~600元/吨</div>
<div class="stat-desc">成本最低,资源依赖</div>
</div>
<div class="stat">
<div class="stat-title">联碱法成本</div>
<div class="stat-value text-violet-400">~1400元/吨</div>
<div class="stat-desc">原料利用率高</div>
</div>
<div class="stat">
<div class="stat-title">氨碱法成本</div>
<div class="stat-value text-amber-400">~1700元/吨</div>
<div class="stat-desc">污染大,面临出清</div>
</div>
</div>
</div>
</div>
<div class="bento-item glass-card p-6 col-span-12 md:col-span-5">
<h3 class="font-bold text-xl mb-4 text-sky-300">市场情绪与预期差</h3>
<div class="prose prose-custom max-w-none">
<p><strong>市场热度</strong>:期货市场热度极高,频繁涨跌停,金融属性强。</p>
<p><strong>基本面情绪</strong>:普遍悲观,共识为行业正经历漫长的产能过剩周期。</p>
<h4 class="font-semibold text-violet-300 mt-4">潜在预期差:</h4>
<ul>
<li><strong>产能出清速度</strong>:行政手段(如环保限产)介入可能大大缩短阵痛期。</li>
<li><strong>需求端韧性</strong>:碳酸锂、钠离子电池等新兴需求若超预期发展,可对冲传统需求下滑。</li>
<li><strong>出口变量</strong>:国内价格探底后,出口竞争力增强,或成为调节供需平衡的关键变量。</li>
</ul>
</div>
</div>
<div class="bento-item glass-card p-6 col-span-12 md:col-span-4">
<h3 class="font-bold text-xl mb-4 text-sky-300">关键催化剂</h3>
<div class="prose prose-custom max-w-none">
<h4 class="font-semibold text-violet-300">近期 (3-6个月)</h4>
<ul>
<li><strong>政策信号</strong>:出台产能置换、环保标准等明确政策。</li>
<li><strong>规模化停产</strong>:高成本产能出现大范围、长时间停产。</li>
<li><strong>库存拐点</strong>:周度库存数据出现连续、显著下降。</li>
<li><strong>地产数据改善</strong>:房地产竣工面积企稳回升。</li>
</ul>
</div>
</div>
<div class="bento-item glass-card p-6 col-span-12 md:col-span-8">
<h3 class="font-bold text-xl mb-4 text-sky-300">产业链图谱与核心玩家</h3>
<div class="prose prose-custom max-w-none">
<p><strong>上游</strong>: 原盐、石灰石、煤炭、天然碱矿 <br> <strong>中游</strong>: 纯碱生产 (天然碱法、联碱法、氨碱法) <br> <strong>下游</strong>: 玻璃 (浮法/光伏)、化工 (碳酸锂)、日化 (洗涤剂)</p>
<ul class="mt-2">
<li><strong>领导者 & 颠覆者</strong>: <strong>远兴能源</strong> (天然碱法龙头,成本降维打击)</li>
<li><strong>追赶者 & 整合者</strong>: <strong>中盐化工</strong> (拥有天然碱产能,成本抗衡者)</li>
<li><strong>挣扎的旧势力</strong>: <strong>山东海化</strong> (氨碱法代表,面临巨大成本压力)</li>
<li><strong>韧性的差异化玩家</strong>: <strong>三友化工</strong> (联碱法+循环经济,具抗周期能力)</li>
</ul>
</div>
</div>
<div class="bento-item glass-card p-6 col-span-12">
<h3 class="font-bold text-xl mb-4 text-red-400">潜在风险与挑战</h3>
<div class="prose prose-custom max-w-none grid grid-cols-1 md:grid-cols-2 gap-x-8">
<div>
<ul>
<li><strong>商业化风险</strong>: 行业出清时间过长。地方保护主义或下游需求持续萎靡,可能导致行业陷入长期低利润状态。</li>
<li><strong>竞争风险</strong>: 龙头企业为抢占份额采取激进价格策略,导致行业盈利恶化超预期。</li>
</ul>
</div>
<div>
<ul>
<li><strong>政策风险</strong>: 政府若干预落后产能出清,将延长调整周期。反之,强硬淘汰政策则构成利好。</li>
<li><strong>信息交叉验证风险</strong>: 期货市场表现与基本面存在阶段性背离。期货价格受宏观情绪、资金博弈影响,短期走势可能与产业现实脱节。</li>
</ul>
</div>
</div>
</div>
</section>
<!-- Data Deep Dive -->
<section class="glass-card p-6 md:p-8" x-data="{ tab: 'roadshow' }">
<h2 class="text-2xl font-bold mb-6 text-sky-300">数据深度挖掘</h2>
<div class="tabs tabs-boxed bg-black/30">
<a class="tab tab-lg" :class="{ 'tab-active tab-active-glow text-white': tab === 'roadshow' }" @click.prevent="tab = 'roadshow'">路演纪要</a>
<a class="tab tab-lg" :class="{ 'tab-active tab-active-glow text-white': tab === 'news' }" @click.prevent="tab = 'news'">市场新闻</a>
<a class="tab tab-lg" :class="{ 'tab-active tab-active-glow text-white': tab === 'report' }" @click.prevent="tab = 'report'">研报精粹</a>
</div>
<div class="py-6">
<!-- Roadshow Content -->
<div x-show="tab === 'roadshow'" x-transition>
<div class="join join-vertical w-full">
<div class="collapse collapse-arrow join-item border border-base-300 bg-base-200/10">
<input type="radio" name="roadshow-accordion" checked="checked" />
<div class="collapse-title text-xl font-medium text-violet-300">供给端分析</div>
<div class="collapse-content">
<ul class="list-disc pl-5 space-y-2 text-gray-300">
<li><strong>总产能</strong>: 截至2024年国内有效产能3940万吨。2024年为产能投放大年全年新增或超400万吨/年。</li>
<li><strong>新增主力</strong>: 2023年新增630万吨主要来自远兴能源阿拉善天然碱项目。2025年远兴二期280万吨预计投产。</li>
<li><strong>开工率</strong>: 8-9月为检修高峰开工率最低降至71%-72%(近两年低点)。</li>
<li><strong>工艺结构</strong>: 天然碱法占比从2020年5%提升至2023年15%,未来将进一步扩大并主导行业。</li>
</ul>
</div>
</div>
<div class="collapse collapse-arrow join-item border border-base-300 bg-base-200/10">
<input type="radio" name="roadshow-accordion" />
<div class="collapse-title text-xl font-medium text-violet-300">需求端分析</div>
<div class="collapse-content">
<ul class="list-disc pl-5 space-y-2 text-gray-300">
<li><strong>需求结构</strong>: 玻璃行业占总需求70%以上浮法玻璃37%光伏玻璃15%)。</li>
<li><strong>浮法玻璃</strong>: 80%需求来自地产竣工受地产下行拖累显著。预计2024年纯碱消耗量同比减少100万吨。</li>
<li><strong>光伏玻璃</strong>: 主要需求增量来源但2024年行业普遍亏损冷修加速增速放缓。</li>
<li><strong>新兴需求</strong>: 碳酸锂每吨消耗2吨纯碱需求增长预计2025年超140万吨钠离子电池短期难成主力。</li>
</ul>
</div>
</div>
<div class="collapse collapse-arrow join-item border border-base-300 bg-base-200/10">
<input type="radio" name="roadshow-accordion" />
<div class="collapse-title text-xl font-medium text-violet-300">库存与价格展望</div>
<div class="collapse-content">
<ul class="list-disc pl-5 space-y-2 text-gray-300">
<li><strong>库存水平</strong>: 2024年9月企业库存累计至<strong>140万吨</strong>创历史峰值较往年同期高271%。</li>
<li><strong>价格走势</strong>: 从2024年初2000元/吨跌至9月的1500-1600元/吨,逼近高成本产能的现金成本线。</li>
<li><strong>后市展望</strong>: 供需持续宽松年度累库或超300万吨价格中枢下移至成本线附近1400-1500元/吨。产能过剩将持续至2026年行业长期弱势。</li>
</ul>
</div>
</div>
</div>
</div>
<!-- News Content -->
<div x-show="tab === 'news'" x-transition>
<h4 class="font-semibold text-lg mb-4 text-violet-300">期货市场剧烈波动 (2024-2025)</h4>
<div class="grid grid-cols-1 md:grid-cols-2 lg:grid-cols-3 gap-4 text-sm">
<div class="p-4 bg-red-900/30 border border-red-500/50 rounded-lg"><strong>[2025-07-28]</strong> 纯碱期货主力合约日内触及<span class="font-bold badge badge-error">跌停</span>报1316元/吨。</div>
<div class="p-4 bg-green-900/30 border border-green-500/50 rounded-lg"><strong>[2024-09-25]</strong> 纯碱期货主力合约触及<span class="font-bold badge badge-success">涨停</span>报1535元/吨。</div>
<div class="p-4 bg-red-900/30 border border-red-500/50 rounded-lg"><strong>[2024-10-08]</strong> 纯碱主力合约日内跌幅扩大至7%报1533元/吨。</div>
<div class="p-4 bg-green-900/30 border border-green-500/50 rounded-lg"><strong>[2024-09-27]</strong> 纯碱早盘开盘涨超6%。</div>
<div class="p-4 bg-red-900/30 border border-red-500/50 rounded-lg"><strong>[2024-08-14]</strong> 纯碱期货主力合约日内跌幅扩大至5%报1581元/吨。</div>
<div class="p-4 bg-green-900/30 border border-green-500/50 rounded-lg"><strong>[2024-10-22]</strong> 国内商品期货多数收涨纯碱涨超5%。</div>
</div>
<h4 class="font-semibold text-lg mb-4 mt-8 text-violet-300">产业与公司动态</h4>
<div class="p-4 bg-sky-900/30 border border-sky-500/50 rounded-lg">
<strong>[2025-06-17] 中工国际</strong>: 签署3.37亿美元哈萨克斯坦纯碱厂项目二期合同折合人民币约24.21亿元,将对公司以后四年的经营业绩产生积极影响。
</div>
</div>
<!-- Report Content -->
<div x-show="tab === 'report'" x-transition>
<div class="overflow-x-auto">
<table class="table table-zebra table-sm">
<thead class="text-base text-gray-300">
<tr>
<th>发布日期</th>
<th>核心观点</th>
<th>关键数据</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-07-31</td>
<td>短期基本面边际走弱,高库存压力明显,期价偏弱运行。</td>
<td>碱厂库存较上周增加2.8万吨至<strong>101.4万吨</strong></td>
</tr>
<tr>
<td>2024-07-26</td>
<td>企业库存突破百万吨,出货压力明显增加。</td>
<td>本周产量77万吨较上周增加0.6万吨。</td>
</tr>
<tr>
<td>2024-06-27</td>
<td>市场货源供应充足,下游需求表现相对低迷。</td>
<td>行业开工率91%较上周增加2%。</td>
</tr>
<tr>
<td>2024-06-18</td>
<td>基本面边际转弱,短期供应压力较大,现货仍有下行空间。</td>
<td>上周产量环比增加5.2万吨至73.6万吨,库存明显增加。</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</section>
<!-- Stocks -->
<section class="glass-card p-6 md:p-8">
<h2 class="text-2xl font-bold mb-6 text-sky-300">核心标的与产业链公司</h2>
<h3 class="font-semibold text-lg mb-4 text-violet-300">核心纯碱生产企业</h3>
<div class="overflow-x-auto">
<table class="table w-full daisy-table">
<thead>
<tr class="text-base text-gray-300">
<th>股票名称</th>
<th>股票代码</th>
<th>核心逻辑/产能</th>
</tr>
</thead>
<tbody>
<tr class="hover">
<td>远兴能源</td>
<td>000683</td>
<td>纯碱产能480万吨 (天然碱法龙头, 成本优势显著)</td>
</tr>
<tr class="hover">
<td>中盐化工</td>
<td><a href="https://valuefrontier.cn/company?scode=600328" target="_blank">600328</a></td>
<td>纯碱产能390万吨 (天然碱法核心玩家)</td>
</tr>
<tr class="hover">
<td>三友化工</td>
<td><a href="https://valuefrontier.cn/company?scode=600409" target="_blank">600409</a></td>
<td>纯碱产能340万吨 (联碱法+循环经济)</td>
</tr>
<tr class="hover">
<td>山东海化</td>
<td><a href="https://valuefrontier.cn/company?scode=000822" target="_blank">000822</a></td>
<td>纯碱产能280万吨 (氨碱法代表, 成本压力大)</td>
</tr>
<tr class="hover">
<td>和邦生物</td>
<td><a href="https://valuefrontier.cn/company?scode=603077" target="_blank">603077</a></td>
<td>纯碱产能110万吨</td>
</tr>
<tr class="hover">
<td>云图控股</td>
<td><a href="https://valuefrontier.cn/company?scode=002539" target="_blank">002539</a></td>
<td>纯碱产能60万吨</td>
</tr>
<tr class="hover">
<td>江盐集团</td>
<td><a href="https://valuefrontier.cn/company?scode=601065" target="_blank">601065</a></td>
<td>纯碱产能52万吨</td>
</tr>
</tbody>
</table>
</div>
<h3 class="font-semibold text-lg mb-4 mt-8 text-violet-300">相关个股异动解析</h3>
<div class="overflow-x-auto">
<table class="table w-full daisy-table">
<thead>
<tr class="text-base text-gray-300">
<th>股票</th>
<th>日期</th>
<th>涨幅</th>
<th>驱动逻辑与解析</th>
</tr>
</thead>
<tbody>
<tr class="hover">
<td>中毅达 (<a href="https://valuefrontier.cn/company?scode=600610" target="_blank">600610</a>)</td>
<td>2025-08-05</td>
<td><span class="text-red-400 font-bold">10.03%</span></td>
<td class="prose prose-custom max-w-2xl text-sm">
<strong>核心结论</strong>: 工信部等发布《化工行业绿色低碳升级行动计划》,对绿色工艺纯碱企业给予产量奖励+低息贷款,中毅达作为首批绿色认证纯碱龙头直接受益,资金抢筹封板。<br>
<strong>驱动概念</strong>: 绿色化工 + 纯碱 + 政策红利
</td>
</tr>
<tr class="hover">
<td>博源化工 (<a href="https://valuefrontier.cn/company?scode=000683" target="_blank">000683</a>)</td>
<td>2025-07-21</td>
<td><span class="text-red-400 font-bold">10.06%</span></td>
<td class="prose prose-custom max-w-2xl text-sm">
<strong>核心结论</strong>: 氯化铵-纯碱价格跳涨叠加供给侧改革预期博源化工作为A股最大联碱法产能标的盈利弹性与估值修复共振触发涨停。<br>
<strong>驱动概念</strong>: 纯碱 + 氯化铵 + 供给侧改革
</td>
</tr>
<tr class="hover">
<td>金晶科技 (<a href="https://valuefrontier.cn/company?scode=600586" target="_blank">600586</a>)</td>
<td>2025-09-08</td>
<td><span class="text-red-400 font-bold">9.94%</span></td>
<td class="prose prose-custom max-w-2xl text-sm">
<strong>核心结论</strong>: “玻纤协会反内卷提价+能源局点名光热玻璃”双重政策信号落地,金晶科技因“光热超白玻璃龙头+纯碱自供”最直接受益被资金封板。<br>
<strong>驱动概念</strong>: 光热发电 + 玻纤复价 + 纯碱补库 (产业链一体化优势)
</td>
</tr>
</tbody>
</table>
</div>
</section>
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<p>本报告为AI合成数据信息来源于公开数据可能存在时效性、准确性等问题不构成任何投资建议。</p>
<p>投资有风险,入市需谨慎。</p>
<p class="mt-2">© 2024 北京价值前沿科技有限公司. All Rights Reserved.</p>
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