Weekly Report of Cement Net: Cement Price Index in the 15th Week: Stable Price in the North and Pressure in the South, Disturbance in Rainy Season Intensifies Regional Differentiation (4.27-4.30)

On April 30, the National Cement Price Index (CEMPI) closed at 124.55 points, down 0.80% annually and up 15.22% year-on-year. On April 30, the Yangtze River Basin Cement Price Index (YRCEMPI) closed at 122.04 points, down 1.33% from the previous month.

The national cement market showed obvious characteristics of "stability in the north and weakness in the south": the local market in the north rose against the trend under the support of off-peak production, while the price in the south entered the downward channel under the triple pressure of continuous rainfall, high inventory and weak demand. With the arrival of the traditional peak season in May, the northern market is expected to maintain a stable and strong trend, while the southern market needs to wait for the end of the rainy season or the opportunity to repair, and the short-term national market will still maintain the pattern of differentiation.

On April 30, the national clinker price index (CLKPI) closed at 124.68 points, down 1.62% from the previous month.

Figure 1: Trend of cement price index (point)

Figure 2: Trend of clinker price index (point)