For seven years, the wealthy feast of the building materials industry started this year. According to the latest statistics, in the first half of this year, the growth rate of the building materials industry fell by 16.6%, which is the lowest level in the same period since 2003, and even lower than the level of 17.6% in the same period of 2009 after the financial crisis.
At the conference on the economic situation of the building materials industry held in the first half of the day, Qiao Longde, chairman of the China Building Materials Federation, said that in the context of the increase in total volume, profits have fallen sharply, indicating that the previous growth mode was driven by scale operations. The development of industry urgently needs to change the mode of development.
Overcapacity impacts price bottom line
At present, the relationship between supply and demand has reversed, prices have begun to turn downward, and the magnitude has continued to increase. In the first five months of this year, the total ex-factory price of building materials and non-mineral products fell by 0.5% compared with the same period of last year. In June, the decline in ex-factory prices of building materials and non-mineral products further increased, which was 0.5% lower than that in May. The total level of ex-factory prices for building materials and non-mineral products fell by 1.2% in the first six months of the previous year.
The price of cement has returned to the level of 2008. In addition to the increase in prices in the Northeast, the prices in other regions have fallen sharply. The average price drop in the whole country reached 20%, while the rate of decline in the east China region reached 30%.
The glass industry is a hard-hit area. In June, the average flat glass price was only 64.4 yuan per weight box. The ex-factory prices in the first six months decreased by an average of 14.9 yuan compared with the same period of last year. The decline rate far exceeded the profit per unit weight of flat glass in normal years, and the industry suffered a total loss.
"Before, the huge capacity that has been rapidly accumulating during the rapid economic start-up will be the source of pain for the cement and glass industries in the coming period," said industry experts.
According to the latest statistical data issued by the China Federation of Building Materials, the growth rate of the building materials industry fell sharply in the first half of this year. The added value of the building materials industry above designated size increased by 11.3% over the previous year at a comparable price, and the growth rate was down 16.6% from the same period last year. Since 2003, the traditional building materials industry driven by investment has grown rapidly, and the growth rate of the building materials industry has remained at an average annual rate of 25%. Even in 2009 under the influence of the financial crisis, the added value of the building materials industry above designated size has increased by 21.1%. And this all ended this year.
"Regulations" and "regulations" have basically disappeared
Since 2008, the growth rate of the traditional building materials industry is about 15%, which is similar to that of steel, nonferrous metals and petrochemical industries. However, bricks and tiles, concrete blocks and concrete products, building stones, and new building materials are high value-added products. Nearly 10,000 enterprises in the building materials sub-industry each year expand their production and sales scale, and turn from "regulation companies" to "regulatory companies," becoming a new force in the building materials industry, greatly increasing the growth rate of the building materials industry above designated size.
This year, the scale expansion of bricks, concrete, and cement products and the increase in the number of companies have come to an end. The disappearance of the "enterprise under regulations" and "regulations on enterprises" has accelerated the decline in the growth rate of the building materials industry.
"At present, the emerging industries have not developed." Qiao Longde said, "The past growth of the building materials industry mainly relied on investment, the strong growth of the real estate industry, and these two factors will not develop much in the near future, so The building materials industry must transform its production methods and achieve growth in the second half of the year through transformation and upgrading and the development of new products.Two breakthroughs must be achieved in the future: traditional industries seek breakthroughs in deep processing and industrial chains, and new industries seek substantial breakthroughs. Technology, new products, new standards are embodied."
Growth is expected to stabilize in August
The China Federation of Building Materials predicts that after August, the growth rate of the building materials industry will tend to be stable, and the decline rate of profit for the building materials industry will gradually narrow in the second half of the year. The total profit realized in the year is expected to be close to last year's level, achieving stability and progress.
According to the economic operation data released by the National Bureau of Statistics, China's national economy was generally stable in the first half of the year, and investment in fixed assets, especially in the central region, will continue to play a leading role in the building materials industry. In the first half of this year, the growth rate of 11.3% in the building materials industry contributed 5.5 percentage points to the growth of the building materials industry in the central region. The investment in the eastern region has the lowest growth rate, but the eastern region still accounts for 50% of the total fixed asset investment in the country, and the consumption of building materials products driven by 19.3% year-on-year growth is still large.
The impact of the global economic downturn on the export of China's building materials will continue and expand, but the upgrading of export product structure and the diversification of export areas have enhanced the anti-risk capabilities of China's building materials products in the international market. In the first quarter of this year, exports of building materials to the EU fell by 2.6% year-on-year, and in the first half of the year they rose to 5.5%; exports of building materials in the Asia-Pacific region rose from 11.9% to 15.9%; exports to ASEAN increased from 12.9% to 23.2%. For some building materials and building materials products, exports are still an important contributing factor.
From the perspective of the increase in output and profitability of the construction stone and light building materials industries this year, the domestic consumer market has continued to increase its use of building materials. The increase of consumer-driven factors has a positive significance in transforming the development mode of the building materials industry, adjusting the industrial structure, and maintaining a steady and rapid growth.
In the cement industry, which accounts for the largest proportion of the building materials industry, prices are expected to stabilize in August. The prices in Nanjing have shown signs of stabilizing, and prices in surrounding areas such as Zhejiang and Jiangxi will also gradually stabilize. At the same time, with a slight rebound in the economic outlook in the second half of the year, coal prices may rise, which in turn will lead to higher cement costs, which will increase cement prices. In addition, new production capacity in East China was basically released in the first half of the year, and the pressure on new capacity in the second half of the year was eased.
At the conference on the economic situation of the building materials industry held in the first half of the day, Qiao Longde, chairman of the China Building Materials Federation, said that in the context of the increase in total volume, profits have fallen sharply, indicating that the previous growth mode was driven by scale operations. The development of industry urgently needs to change the mode of development.
Overcapacity impacts price bottom line
At present, the relationship between supply and demand has reversed, prices have begun to turn downward, and the magnitude has continued to increase. In the first five months of this year, the total ex-factory price of building materials and non-mineral products fell by 0.5% compared with the same period of last year. In June, the decline in ex-factory prices of building materials and non-mineral products further increased, which was 0.5% lower than that in May. The total level of ex-factory prices for building materials and non-mineral products fell by 1.2% in the first six months of the previous year.
The price of cement has returned to the level of 2008. In addition to the increase in prices in the Northeast, the prices in other regions have fallen sharply. The average price drop in the whole country reached 20%, while the rate of decline in the east China region reached 30%.
The glass industry is a hard-hit area. In June, the average flat glass price was only 64.4 yuan per weight box. The ex-factory prices in the first six months decreased by an average of 14.9 yuan compared with the same period of last year. The decline rate far exceeded the profit per unit weight of flat glass in normal years, and the industry suffered a total loss.
"Before, the huge capacity that has been rapidly accumulating during the rapid economic start-up will be the source of pain for the cement and glass industries in the coming period," said industry experts.
According to the latest statistical data issued by the China Federation of Building Materials, the growth rate of the building materials industry fell sharply in the first half of this year. The added value of the building materials industry above designated size increased by 11.3% over the previous year at a comparable price, and the growth rate was down 16.6% from the same period last year. Since 2003, the traditional building materials industry driven by investment has grown rapidly, and the growth rate of the building materials industry has remained at an average annual rate of 25%. Even in 2009 under the influence of the financial crisis, the added value of the building materials industry above designated size has increased by 21.1%. And this all ended this year.
"Regulations" and "regulations" have basically disappeared
Since 2008, the growth rate of the traditional building materials industry is about 15%, which is similar to that of steel, nonferrous metals and petrochemical industries. However, bricks and tiles, concrete blocks and concrete products, building stones, and new building materials are high value-added products. Nearly 10,000 enterprises in the building materials sub-industry each year expand their production and sales scale, and turn from "regulation companies" to "regulatory companies," becoming a new force in the building materials industry, greatly increasing the growth rate of the building materials industry above designated size.
This year, the scale expansion of bricks, concrete, and cement products and the increase in the number of companies have come to an end. The disappearance of the "enterprise under regulations" and "regulations on enterprises" has accelerated the decline in the growth rate of the building materials industry.
"At present, the emerging industries have not developed." Qiao Longde said, "The past growth of the building materials industry mainly relied on investment, the strong growth of the real estate industry, and these two factors will not develop much in the near future, so The building materials industry must transform its production methods and achieve growth in the second half of the year through transformation and upgrading and the development of new products.Two breakthroughs must be achieved in the future: traditional industries seek breakthroughs in deep processing and industrial chains, and new industries seek substantial breakthroughs. Technology, new products, new standards are embodied."
Growth is expected to stabilize in August
The China Federation of Building Materials predicts that after August, the growth rate of the building materials industry will tend to be stable, and the decline rate of profit for the building materials industry will gradually narrow in the second half of the year. The total profit realized in the year is expected to be close to last year's level, achieving stability and progress.
According to the economic operation data released by the National Bureau of Statistics, China's national economy was generally stable in the first half of the year, and investment in fixed assets, especially in the central region, will continue to play a leading role in the building materials industry. In the first half of this year, the growth rate of 11.3% in the building materials industry contributed 5.5 percentage points to the growth of the building materials industry in the central region. The investment in the eastern region has the lowest growth rate, but the eastern region still accounts for 50% of the total fixed asset investment in the country, and the consumption of building materials products driven by 19.3% year-on-year growth is still large.
The impact of the global economic downturn on the export of China's building materials will continue and expand, but the upgrading of export product structure and the diversification of export areas have enhanced the anti-risk capabilities of China's building materials products in the international market. In the first quarter of this year, exports of building materials to the EU fell by 2.6% year-on-year, and in the first half of the year they rose to 5.5%; exports of building materials in the Asia-Pacific region rose from 11.9% to 15.9%; exports to ASEAN increased from 12.9% to 23.2%. For some building materials and building materials products, exports are still an important contributing factor.
From the perspective of the increase in output and profitability of the construction stone and light building materials industries this year, the domestic consumer market has continued to increase its use of building materials. The increase of consumer-driven factors has a positive significance in transforming the development mode of the building materials industry, adjusting the industrial structure, and maintaining a steady and rapid growth.
In the cement industry, which accounts for the largest proportion of the building materials industry, prices are expected to stabilize in August. The prices in Nanjing have shown signs of stabilizing, and prices in surrounding areas such as Zhejiang and Jiangxi will also gradually stabilize. At the same time, with a slight rebound in the economic outlook in the second half of the year, coal prices may rise, which in turn will lead to higher cement costs, which will increase cement prices. In addition, new production capacity in East China was basically released in the first half of the year, and the pressure on new capacity in the second half of the year was eased.
Knee Guard,Knee Protector ,Sports Knee Support ,Gel Knee Pads
Skiing & Skating Equipment Co., Ltd. , http://www.bodyarmor-rongyi.com