Cement Net Monthly Report: China Cement Net Quotation Monthly Report for September 2024

2024-10-21 10:20:15

At the beginning of September, the national cement price index (CEMPI) was 115.03 points, closing at 124.3 points at the end of the month, up 9.82% annually and 16.62% year-on-year.

Contents


I. [Market Overview] September: Staggered Peak Production Support, Strong Market Trend!

II. Comparison

Table of Cement and Clinker Ex-factory of Provincial Capital Cities in China from August to September III. Average Price

of P.O42.5 Bulk Cement in All Regions of China in September IV. [Industry] Statistics

of Cement Output of Provinces and Cities in China from January to August V. [Industry] Statistics

of Cement Import and Export Information in China from January to August VI. [Comments] What is the impact of the Federal Reserve's interest rate cut cycle on the cement market?

7. [Commentary] Cement sales in the three neighboring countries of Northeast China have dropped by 12%. Why is the price strong?

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Correlation

On May 14, the Ninth Congress and the First Session of the Ninth Council of China Cement Association were successfully held in Hefei, Anhui Province. The meeting successfully completed the agenda of the election of the Ninth Council of the Association and the deliberation of its work report. After strict election procedures, Zhou Yuxian, Secretary of the Party Committee and Chairman of China Building Materials Group, was elected President of the Ninth Council, and Wang Yutao was elected Vice-President and Secretary-General of the Ninth Council.