Southwest cement price index rose 0.40 points, and cement prices in northeast Sichuan rose 20-30 yuan/ton.

China Cement Network, on November 3, the Southwest Cement Price Index rose 0.40 points from the previous trading day, closing at 312.68 points, or 0.13%, ranking first among the top ten regional indices on that day; Over the same period, the national index rose 0.14 points, the Yangtze River and East China rose 0.28 points and 0.24 points respectively, while the Northeast, North China, Central South, Northwest, Beijing-Tianjin-Hebei, Pearl River-Xijiang and Central Plains were flat. The point was the highest since September 28, still down 14.87% year on year. In terms of

prices, recently, affected by the high cost of raw materials and fuels and the increasing willingness of enterprises to repair profits, the prices of Sichuan Bazhong, Nanchong and Guang'an cement have been raised centrally: Bazhong Conch has been raised by 20 yuan/ton, and Nanchong Red Lion, Guang'an Taiwan Cement and Red Lion have been raised by 30 yuan/ton. The average reference price of P.O42.5 bulk in the three places rose by 5.00%, 7.00% and 8.00% respectively, and the price index of Sichuan P.O42.5 cement rose to 347.48 points, up 0.34% annually. Previously, on October 30, four brands in Chengdu had pushed up 50 yuan/ton at a time, and this round in Sichuan showed a relay trend of "Chengdu leading the rise and Northeast Sichuan following up".

In the short run, the southwest market is still in the game of cost underpinning and weak demand. The high coal price supports the price of enterprises, and the rush work at the end of the year may bring about the release of periodic demand. However, the drag on the real estate side has not disappeared, and the utilization rate of regional capacity is low. Whether the current round of push up can be fully implemented remains to be tracked, and the index may continue to oscillate slightly upward in the short term.