NEWS CENTER

Non-metallic building materials industry weekly report: East China cement prices close to the fourth quarter of last year high.


Release time:

May 14,2013

One-week market performance: This week, non-metallic building materials sub-sectors except cement manufacturing industry rose, of which the largest increase in the glass fiber industry, the weekly increase of 6.87, the largest decline in the cement manufacturing industry, the weekly decline of 0.47. The Shanghai Composite Index rose 1.87 per cent for the week, with glass manufacturing, pipe and glass fiber in the non-metallic building materials sub-sector stronger than the broader market this week. Fluctuation in building materials prices: The average price in the national cement market this week was 326.67 yuan, up slightly from the previous period, by 0.46. Prices in provincial capitals have risen in Hangzhou, Zhejiang and Nanchang, Jiangxi. Affected by this week's cement price changes, listed public.

Market performance for the week:

Non-metallic building materials sub-sectors, except cement manufacturing, rose this week, with the largest increase in the glass fiber industry, up 6.87 per cent per week, and the largest decline in the cement manufacturing industry, down 0.47 per cent per week. The Shanghai Composite Index rose 1.87 per cent for the week, with glass manufacturing, pipe and glass fiber in the non-metallic building materials sub-sector stronger than the broader market this week.

building materials price fluctuations:

This week, the average price of cement in the national market was 326.67 yuan, up slightly from the previous period, by 0.46. Prices in provincial capitals have risen in Hangzhou, Zhejiang and Nanchang, Jiangxi. Affected by this week's changes in cement prices, the weighted price of cement in the location of the listed company's production capacity increased by Conch Cement (600585) and Jiangxi Cement (000789). Cement prices in East China are close to their highs in the fourth quarter of last year. Glass: This week, the national average price of 5mm float white glass was 18.14 yuan/square meter, up 0.17 yuan/square meter, up 0.95 percent. This week, glass futures prices rose 68 yuan/ton, or 5.03 percent, and the September contract closed at 1419 yuan/ton. This week, the price of glass fiber direct coarse sand was 4855 yuan/ton, up 65 yuan/ton, or 1.36 percent. Energy and raw materials: The average price of thermal coal around the Bohai Sea was stable this week, PVC prices rose 120 yuan/tonne, soda ash rose 104 yuan/tonne, and U.S. waste prices fell $9.5/tonne.

Industry Highlights:

By the end of March, Xi 'an had started 9277 new affordable housing units. Guangdong will build 90 kilometers of deep pollution control with a total investment of about 25 billion. Exports of building materials industry in the first quarter of 2013; National Development and Reform Commission: Sichuan Ya 'an Southwest Cement Co., Ltd. resumed production after the 4.20 disaster; Sichuan Chengpu Railway will start construction of 24 new large and medium-sized bridges as soon as June; Tibet: Invest 200 billion Yuan to Develop Transportation Exceptionally; Guangdong: the mileage of new expressways to be started in the east, west and north of Guangdong is 630.8 kilometers this year. Gansu Subsidies 1.5 million Yuan for New Dry Cement Denitration Project; Shaanxi Province will invest 96.5 billion yuan this year to focus on contiguous and extremely poor areas. Hunan: Investment 57 billion for expressway construction will be completed in 2013.

Announcement of Key Listed Companies: Sinoma Technology (002080): Announcement on Issuing the First Phase of Short-term Financing Bonds in 2013; Qinglong Pipe Industry (002457): Announcement on Signing the Contract Agreement for the Third Bid Section of Pipeline Manufacturing of Xingqing Main Canal Project of Hebei South-to-North Water Transfer Supporting Project; Yaopi Glass (600819): Announcement on Suspension of Major Matters; Nachuan shares (300198): Announcement on Granting Reserved Stock Options and Restricted Stock to Incentive Objects; Longquan Shares (002671):2012 Equity Distribution Implementation Report; * ST Guanfu: A suggestive announcement on the withdrawal of the company's delisting risk warning.

Industry view of the week:

Currently recommended to buy: North New Building Materials (000786), Western Construction (002302), Jiangxi Cement. Reason: relatively certain performance, market correction, stock price fall, undervaluation, it is the time to buy. Key recommended configuration: Yandong Cement (000401), China Glass Fiber (600176), Conch Cement, Yanlianshan (600720), South Glass A, Beijing Lear (002392), etc. Reason: the value of the first few stocks has been highlighted, only configuration, static and other industry fundamentals improved or market sentiment improved. Beijing Lier mainly entered a period of rapid growth in performance. After the integration of the acquisition or cooperation projects in the past few years, it began to enter the payback period. It will enter the payback period in the next few years. It is expected that the performance will grow rapidly in the next few years.