Cement Net Weekly Report: Cement Price Index in the 40th week, the national cement market was mixed, and regional differentiation was under pressure (10.27-10.31)

On October 31, the National Cement Price Index (CEMPI) closed at 102.81 points, up 0.23% annually and down 21.7% year-on-year. On October 31, the Yangtze River Basin Cement Price Index (YRCEMPI) closed at 92.67 points, down 1.52% from the previous month. This week,

the national cement market showed a pattern of "regional differentiation and overall pressure", with rising prices and weak demand coexisting, and most regions mainly focused on stabilizing prices and destocking. Cement in North China and South Hebei tried to push up 50 yuan/ton, but the implementation remains to be observed; the demand in Northeast China reached the bottom, and the weak stability was maintained under the off-peak kiln shutdown; Anhui and Fujian in East China pushed up the price by 20-30 yuan/ton, but the local market loosened and fell back; the Pearl River Delta in South China and Guangdong pushed up the price by 30-50 yuan/ton, but the implementation was not good, and the price increase in Hunan, Hubei and Henan lacked momentum; Southwest Sichuan and Chongqing raised the price by 30-50 yuan/ton again, and the low demand in Yunnan and Guizhou put pressure on the price; many places in Northwest China entered the final stage, and the shrinking demand suppressed the willingness to raise the price.

In October 31st, the national clinker price index (CLKPI) closed at 110.26 points, up 0.92%.

Figure 1: Trend of cement price index (point)

Figure 2: Trend of clinker price index (point)