In April, the prosperity index of building materials industry was 108.0 points, higher than critical point.

of building materials industry in

April 2023 The prosperity index of building materials industry in April 2023 was 108.0 points, higher than critical point and in the boom zone. After the rapid recovery in March, the prosperity index slowed down in April, but continued to rise.

In January and February, the market demand for building materials was weak. Since March, the market in the construction industry, manufacturing industry and other fields "started" and the off-peak production "ended". The economic operation of the building materials industry has obviously become active. In April, it maintained a rebound trend, and the whole industry is in the stage of recovery growth. On the supply side of the monthly prosperity index

of the

building materials industry, in April, both the price index and the production index were above the critical point. Among them, the production index of building materials industry was 106.3 points, 30.9 points lower than that of the previous month, and the growth rate of production was narrowed, but it still showed that it continued to grow on the basis of the obvious recovery of the previous month, and the production remained vigorous. The price index of building materials industry was 101.6 points, 0.5 points higher than that of the previous month, and the price of building materials products rose slightly.

On the demand side, investment demand and international trade played a positive role, industrial consumption demand showed a seasonal normal callback, and investment demand index, industrial consumption index and international trade index all fell. Market demand is not strong and growth expectations are uncertain. Among them, building materials investment demand index 110.6 points, down 27.8 points from last month, higher than critical point, construction demand market continues to recover, infrastructure construction demand is growing rapidly, real estate market demand is still weak; The industrial consumption index of building materials products was 97.4 points, down 35.3 points from the previous month, lower than critical point, and the demand of related manufacturing industries for building materials products slowed down from the previous month; the international trade index of building materials was 114.9 points, down 26.9 points from the previous month, higher than critical point, and the export of building materials and non-metallic minerals maintained growth.

2. Analysis of MPI influencing factors and early warning

The "start-up" effect of building materials market is obvious. Steady growth measures, since March, municipal projects, infrastructure projects and other accelerated start-up, infrastructure investment increased by 8.8% in the first quarter, driven by the "guaranteed delivery", the completed area of real estate increased by 14.7%, positively stimulating the market demand for building materials. In April, the "start-up" effect of the building materials market continued, and the demand in the construction sector rebounded. In terms of foreign trade, the export of building materials products in April continued to grow on the basis of a marked rebound in March. The downward trend of

building materials prices showed signs of reversal. Among the 13 building materials industries, the prices of 9 sub-industries, including cement, concrete and cement products, wall materials, light building materials, thermal insulation materials, lime gypsum, building stones, mineral fibers and composite materials, and non-metallic minerals, rose annually, while the prices of other industries declined annually. There is a risk warning in the operation of

building materials industry. There are uncertainties in the late market demand of real estate, automobile, related electronics and electrical appliances industries. At present, the operation characteristics of wide supply, high inventory and weak demand in building materials industry are quite obvious. There are differences in market performance and business strategy selection among different regions, industries and enterprises, and the risk of excessive competition in the market may increase due to the high cost pressure that is expected to exist for a long time. It is necessary to strengthen the positive guidance and support for the development expectations of the industry, maintain the price in a reasonable range, and further consolidate and accelerate the formation of a dynamic balance between supply and demand.

Notes:

1. The Building Materials Industry Prosperity Index (MPI) mainly monitors the operation trend of the building materials industry and has a strong forecasting and early warning function. When MPI is higher than 100, it indicates that the building materials industry is in the boom zone, and when MPI is lower than 100, it indicates that the building materials industry is in the non-boom zone.

2. Building materials industry prosperity index (MPI) judges the operation trend of building materials industry from the supply side and demand side. The supply side is divided into price index and production index, and the demand side is divided into investment demand index, industrial consumption index and international trade index of building materials according to the actual impact of demand areas on the building materials industry.

3. The price index of building materials industry reflects the trend of ex-factory prices of building materials industry. The ex-factory price does not include the expenses, product profits and taxes incurred in the circulation of building materials products. The ex-factory price is different from the market price, the two changes will affect each other, there is a time lag, in a certain period of time there may be inconsistent trends.

4. Industrial production index of building materials reflects the trend of industrial production of building materials, excluding price changes.

5. Investment demand index reflects the trend of investment market demand related to building materials.

6. The industrial consumption index reflects the trend of industrial consumption demand related to building materials. Industrial consumption includes not only the inter-industry consumption within the building materials industry, but also the consumption of building materials products by downstream industries.

7. The international trade index of building materials reflects the trend of international trade in building materials, which is mainly composed of the export index of building sanitary ceramics, building technical glass , building stone, glass fiber and composite materials, non-metallic minerals and other industries.