[Cement Price Index Week 40-41]: After the festival, the market was not as good as expected, and the price in Inner Mongolia continued to decline.

2018-10-15 15:45:01

On Friday, the National Cement Price Index (CEMPI) closed at 144.88 points, up 0.25% month-on-month, and the price index increased 26.64% year-on-year. The Yangtze River Basin Cement Price Index (YRCPI) closed at 153.58 points, up 0.59% from the previous month, and the index was 35.12% higher than same period last year.

On Friday, the National Cement Price Index (CEMPI) closed at 144.88 points, up 0.25% month-on-month, and the price index increased 26.64% year-on-year. The Yangtze River Basin Cement Price Index (YRCPI) closed at 153.58 points, up 0.59% from the previous month, and the index was 35.12% higher than same period last year.

The national clinker price index (CLKPI) closed at 145.37 points, with a month-on-month increase of 0.14% and a year-on-year increase of 27.33%, and the overall price of clinker was stable.

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Correlation

[Cement Price Index Week 40-41]: After the festival, the market was not as good as expected, and the price in Inner Mongolia continued to decline.

2018-10-15 15:45:01

CEMPI

102.52

+0.29 +0.28%

CONCPI

86.76

+0.11 +0.13%

CLKPI

105.87

+0.60 +0.57%

SPPI

42.11

+0.13 +0.31%

MORPI

71.86

+0.03 +0.04%

With a total investment of 21.052 billion yuan, the project of urban village reconstruction was established or the demand for cement was 158,500 tons.

China Cement Network Project Link shows that the reconstruction project of Tangyong Village in Baiyun District of Guangzhou has recently been launched as the first resettlement plot outside the district. The total investment of the project is 21.052 billion yuan, which is expected to drive the demand for 158,500 tons of cement, 405,000 cubic meters of concrete and 1,056,700 tons of sand and gravel.