Cement Weekly: Cement Price Index in the 5th week, the national market entered the "the Spring Festival mode", the overall quotation stabilized, sporadic decline (2.2-2.6)

On February 6, the National Cement Price Index (CEMPI) closed at 98.24 points, down 0.28% annually and 18.72% year-on-year. On February 6, the Yangtze River Basin Cement Price Index (YRCEMPI) closed at 88.38 points, down 0.73% from the previous month.

The national cement market has gradually turned to the "holiday" mode, and the regional performance is divided. The northeast and northwest will continue the off-season shutdown period until the resumption of work after the festival. The local Shijiazhuang area in North China rose 30 yuan/ton against the trend, and the implementation remains to be observed, while the rest of the market is weak and stable. Demand in East China is shrinking rapidly, coupled with lower clinker costs, sporadic regional transactions have declined, and the overall situation may be delayed until after the Spring Festival. The central and southern markets of Guangdong, Guangxi and Hunan are weak and stable as a whole, and there are dark falls or preferential policies in some areas. Henan is affected by environmental protection control, and the price is pushed up, but the implementation is general. Prices in some high-priced areas in southwest China have been loosened and pulled back, and most markets are in the "silent" stage before the festival.

On February 6, the national clinker price index (CLKPI) closed at 104.33 points, down 0.42% from the previous month.

Figure 1: Trend of cement price index (point)

Figure 2: Trend of clinker price index (point)