SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: Glass and Cement Pull Up, Building Materials Index repeatedly Hit New Highs

May 20 2021 14:43:53     SunSirs (Selena)

On May 19, the building materials index was 1,397, down 3 from the previous day, down 0.21% from the highest point of 1,400 (2021-05-18) in the cycle, and up 95.66% from the lowest point of 714 on February 24, 2016(Note: period refers to the period from December 1, 2011 to now)

According to the data monitoring of SunSirs, since April, the cement glass has risen sharply, and the building materials index has reached a new high. As of May 18, the building materials index has risen to 1,400 points, a record high this year, up more than 56% over the same period last year. On May 19, the building materials index was dragged down by the decline of wood pulp products, with the index falling by 3 points.

Since April, the peak shifting production of cement is about to be fully started, the supply is tight, and the price of cement has gone up sharply, rising for more than a month, with an increase of nearly 8%. The supply and demand situation of domestic cement market is relatively good, and East China cement is in a steady rising trend.

The prices of coking coal and soda ash in the upstream have been rising all the way, the cost has been rising, the trading atmosphere in the glass market is active, the inventory is tight, and the futures market has risen sharply. The spot price of glass has been rising all the way to 34 yuan /m2, or more than 25%. Glass and cement rose, building materials index continued to rise.

SunSirs analyst believes that, near the end of May, the peak shifting production of cement was started, the supply was tight, the glass inventory was low, and the prices of enterprises were mainly high. In the future, the building materials industry was still easy to rise but difficult to fall.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Related Information
Energy
Chemical
1,3-butadiene | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium nitrate | Ammonium sulfate | BDO | Benzene | Bisphenol A | Bromine | Butyl acetate | Butyl Acrylate | Calcium carbide | Calcium chloride | Calcium Formate | Caustic soda | Chlorinated Paraffin | Chloroacetic acid | Chloroform | CPL | Cryolite | Cyclohexane | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl Acrylate | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Glycerol | Hexafluoropropylene | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutanol | Isooctyl Acrylate | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MEK | Melamine | MIBK | N-butanol | N-butyraldehyde | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | PCE | PEG | Phenol | Phosphate rock | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PTFE | R134a | R22 | Resorcinol | Silica | Silicone DMC | Soda ash | Sodium acetate | Sodium Bicarbonate | Sodium metabisulfite | Stearic acid | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Titanium tetrachloride | Trichloroethylene | Urea | vitamin A | vitamin C | vitamin E |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products