Cement Net Weekly Report: Cement Price Index Continues Regional Differentiation in North and South in the 24th Week, South Continues to Bottom, North Is Weak and Stable (6.30-7.4)

On July 4, the National Cement Price Index (CEMPI) closed at 111.27 points, down 0.61% annually and 4.59% year-on-year. In July 4th, the Yangtze River Basin Cement Price Index (YRCEMPI) closed at 103.4 points, down 0.41%.

This week, the national cement market continued regional differentiation, showing the characteristics of "stable in the north and falling in the south". Due to the suppression of continuous heavy rainfall and high temperature weather in the southern region, the construction progress was generally hindered, the demand was deeply depressed, and the prices in Guangdong, Guangxi, Yunnan, Guizhou, Sichuan and Chongqing continued to bottom out; the northern market relied on the support of peak-staggering production to try to stabilize the price in some areas, the North China was blocked and generally fell back, the Northwest was stable as a whole, but Ningxia was in a deep trough. At present, weak demand is still the core contradiction, and the short-term weak pattern is expected to continue.

On July 4, the national clinker price index (CLKPI) closed at 108.5 points, down 1.13% from the previous month.

Figure 1: Trend of cement price index (point)

Figure 2: Trend of clinker price index (point)