Weekly Report of Cement Net: Cement Price Index Week 1: Weak and Stable Operation of National Cement Market Price and Regional Differentiation (1.5-1.9)

On January 9, the National Cement Price Index (CEMPI) closed at 101.44 points, down 0.93% annually and 20.55% year-on-year. On January 9, the Yangtze River Basin Cement Price Index (YRCEMPI) closed at 91.79 points, down 0.36% from the previous month.

This week, the national cement market is weak in both supply and demand, regional differentiation, prices are mainly stable, a few areas are rising, and parts of the southwest are falling. With the continuation of peak staggering and kiln shutdown in the region, the inventory of most enterprises is still controllable, and the storage capacity of central and southern China is relatively low. Henan in central and southern China increased by 20 yuan/ton due to peak staggering and low inventory level, while prices in Hubei and Hunan remained stable. The prices of mainstream enterprises in Guangdong and Guangxi were increased simultaneously, the prices of Sichuan, Chongqing and Guangdong in Southwest China fell, the prices of Yunnan, Guizhou and Guizhou failed to rise, and the prices of central Yunnan fell; the prices of East China, North China and Northeast China were stable in the off-season, and some enterprises adjusted slightly.

On January 9, the national clinker price index (CLKPI) closed at 110.42 points, down 0.3% from the previous month.

Figure 1: Trend of cement price index (point)

Figure 2: Trend of clinker price index (point)