9.20 Cement Morning Post: East China Cement Price Push Up; Southwest Cement Price Dynamics; State-owned Assets to Control Dongwu Cement

1、 Cement Net Weekly: Prices of cement and clinker in the Yangtze River Delta in East China continue to rise (9.15-9.19)

9.15-9.17-18 Some leading enterprises increased by 30 yuan/ton. The remaining 19-20 days will be followed up and the implementation will be monitored. Enterprises in Jiangsu, Zhejiang, Anhui and other places have strong willingness to raise prices due to factors such as kiln shutdown, peripheral driving and profit pressure. The implementation of Fujian's price adjustment at the beginning of the month is still acceptable, and it is planned to push up again at the beginning of next month. Jiangxi enterprises raised prices to test the market in September. At the beginning of the month, the implementation of the price adjustment in Shandong was not good. Recently, the transaction prices in many places have been adjusted back, while the rest of the market is stable and weak. Affected by rainwater and other factors, the demand performance is different, and the price implementation needs further observation.

2. Weekly Report of Cement Net: Prices in Southwest China were stable after the rise in Sichuan and Chongqing, while prices in Yunnan and Guizhou rose sharply (9.15-9.19)

. This is a weekly report of Cement Net on 9.15-9.19. Focus on Southwest China

3. After the transaction of state-owned assets holding

5 . Weekly report of cement network: Shaanxi Guanzhong market in Northwest China began to push up (9.15-9.19)

9.15-9. Shaanxi Guanzhong tried to push up under the coordination of leading enterprises, with a notification increase of 70 yuan/ton, and the actual transaction was slightly lower than expected. However, the market sentiment is positive, and attention should be paid to the implementation of kiln shutdown and peak staggering and demand support in the follow-up; Lanzhou, Gansu Province is impacted by the low price of cement in Ningxia, and the sales of local enterprises are under pressure; the price in Ningxia is generally stable, and the export quotation is low; the market in Qinghai and Xinjiang is stable, and the price is mainly stable after September, and the demand is mainly supported by key projects, with limited fluctuations.

6 . Weekly Report of Cement Net: The price in the central and southern regions is hovering at a low level, and the weak market in the two lakes has not changed. The Guangxi region tries to push up (9.15-9.19)

9.15-9. Although the demand in Guangxi is general, the off-peak shutdown of kilns makes the inventory decline. From December 12 to 17, the enterprise raised the price by 30 yuan/ton and the leading enterprise has implemented it; the price increase in the first ten days of Guangdong is divided, the typhoon will restrain the demand, and the shipment may decline. The weakness of the two lakes market has not changed, Hubei is still weak after pushing up, Hunan's demand is low, and individual price increases are difficult to land. Henan market is weak and stable, the price is low, the push up in early September has not been implemented, the rainfall affects the demand, restores the fatigue, the market wait-and-see is strong.

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8 . Weekly Report of Cement Network: The national concrete market was stable and weak, and the price was under pressure (9.15-9.19). The national concrete price index declined by 0.62% on a month-on-month basis, and declined by 18% on a year-on-year basis. Regionally, the supply and demand in the north were weak, while the local costs in East China, Central South China and Southwest China were pushed up, but the demand was weak. Central and South China, North China, Northeast China and other markets are facing problems of weak demand, weak price stability or pressure. Expected 9.22-9.

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