4.6 Live Broadcast | Sharing Exchange · Talking about the First Quarter in a Week, How is the Building Materials Economy?

In the first quarter, China's economy showed a certain recovery, and economists generally expect that domestic GDP growth will be above 4% in the first quarter. The first quarter of the building materials economy is difficult to develop, and the loss of the industry is at a high level, but there are also signs of bottoming out after the Spring Festival. At present, the foundation of recovery is not solid, the demand is not strong enough, and the pressure of high inventory and high cost is still a big constraint. At the end of the first quarter, what is the economic quality of building materials? In terms of

cement, in the first quarter, the national market showed a trend of first declining and then rising, and finally closed up slightly. At the end of the first quarter, the national cement price index recorded 141.4 points, up 0.17% from the end of the fourth quarter of 2022, down 18.18% from the same period last year. As for

glass, as of March 31, the glass price index closed at 121.15 points, up 10.59% from the end of last year and down 10.88% from the end of the first quarter of last year. In terms of

concrete, in the first quarter, the quarterly average of the national concrete price index was 140.04 points, down 1.25% from the fourth quarter of 2022 and 8.48% year-on-year. From the trend point of view, concrete prices gradually stopped falling and stabilized in the first quarter, with a slight rebound in some areas, and the month-on-month growth rate increased from -0.74% to 0.08%. In terms of

sand and gravel, by the end of March, the national machine-made sand price index closed at 94.26 points, and the national gravel price index closed at 87.85 points, with the year-on-year decline narrowing to 7.83% and 5.78%, respectively. In the first quarter, the sand and gravel market turned from weak to stable. From the monthly average price, the growth rate of machine-made sand and gravel prices turned from negative to positive, and the growth rate of machine-made sand rose from -2.11% to 0.86%.

On April 6, we invited Zheng Jianhui, chief analyst of Cement Net Cement Big Data Research Institute, Li Kunming, cement analyst, Wei Yu, industry analyst, Lin Jiayi, commercial mixing analyst, and Zhu Xiaoyun, sand and stone analyst, to talk about their analysis and judgment on the operation of the building materials market last week.

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