Preview of the mid-year report of the building materials industry by swhy in 24 years: demand is relatively sluggish, but there are still bright spots.

Major construction materials companies in the industry are expected to continue to be under pressure in the first half of 2024.

Zhitong FinanceJul 22 03:35 ET

GTJA: Shifting the pricing policy improves the bottom price expectations for cement

Since mid-to-late May, multiple regions across the country have successively introduced staggered peak plans and promoted regional price recovery. Looking ahead, with the increase in coordination among enterprises within the regions, the execution intensity of staggered peaks is expected to increase and the market is expected to recover.

Zhitong FinanceJul 19 01:51 ET

Guosen Securities: Macro data slightly rebounded in June, and the off-season cement prices continue to rise.

In June, cement production was 163.97 million tons, a decrease of 10.7% year-on-year. From January to June, the cumulative cement production was 850.47 million tons, a decrease of 10% year-on-year.

Zhitong FinanceJul 16 09:01 ET

Everbright Securities: despite weak demand, staggered price increases are bullish for the cement sector's relative yield.

According to a research report released by Everbright Securities, under the background of the overall demand decline in infrastructure and real estate, cement may have a relatively advantageous position. The new construction area of real estate in 2023 is expected to decrease by 58% compared to the highest point in 2019, while infrastructure investment remains at a historical high. The cement production in 2023 is expected to decline by 12% from the peak in 2020. The overall demand decline in infrastructure and real estate is a common problem faced by various sectors in the real estate chain. In comparison, the cement industry is attempting to improve supply and demand relationship and support prices by reducing production. If price increases can be realized, it is expected to offset the demand decline by improving per-ton profitability. Leading cement companies have the potential to become

Zhitong FinanceJul 11 19:32 ET

Changjiang Securities: Cement continues to push up synergistically, bottom dividend value is showing.

According to a research report by Changjiang Securities, since May, with the continuous losses of small cement companies in the first half of the year, the leading cement companies have changed their strategies, strengthened their self-rescue mentality, and significantly enhanced their willingness to cooperate. From the price performance of the past two months, staggered price increases are still effective, and bottom signals are gradually becoming clear.

Zhitong FinanceJul 9 04:25 ET

Hong Kong stock market fluctuation: Cement stocks fell the most. From January to May, more than 55% of cement industry enterprises faced losses. The willingness to raise prices in the off-season has increased.

Cement stocks have the largest decline. As of press time, CNBM (03323) fell 13.11% to HKD 2.65; CR Building Materials Technology (01313) fell 7.74% to HKD 1.55; West China Cement (02233) fell 2.7% to HKD 1.08.

Zhitong FinanceJul 8 22:31 ET