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Construction Materials Industry Prosperity Index (MPI) for October 2023 - Construction Materials Industry Runs Stably in October

PublishDate:2023-10-24 Source:


2023 October building materials industry boom index was 101.8 points, down 2.8 points from the previous month, higher than the critical point, in the boom zone, building materials industry operation remained stable.

  

  I. October Building Materials Industry Prosperity Index

October 2023 construction materials industry boom index was 101.8 points, down 2.8 points from the previous month, higher than the critical point, in the boom zone, the construction materials industry operation remained stable.


  圖片

  

  Figure Construction Materials Industry Monthly Prosperity Index

   

  

On the supply side, in October, the price index and production index of the building materials industry were higher than the critical point. Among them, the building materials industry price index 100.4 points, 0.3 points higher than last month, building materials product prices to maintain a small increase; building materials industry production index of 101.4 points, 3.1 points lower than last month, building materials product production accelerated and slowed down. Demand side, building materials investment demand index, industrial consumption index are higher than the critical point, international trade index is lower than the critical point. Among them, building materials investment demand index 102.1 points, down 2.9 points from last month, higher than the critical point, building market demand rebound slowed down; building materials products industrial consumption index 101.4 points, down 3.6 points from last month, and building materials products are more closely related to the application of the manufacturing industry demand growth slowed down; building materials international trade index of 99.3 points, 1.7 points from last month, below the critical point, building materials commodity exports accelerated, slowed down. Critical point, building materials commodity exports stabilized slowly.

 

  Second, the MPI impact factor analysis and early warning

Market demand for building materials was stable, and production of building materials accelerated slightly.In October, domestic market demand for building materials continued to recover. The production of key building materials continued to accelerate, cement, concrete and cement products, lightweight building materials, thermal insulation materials, lime gypsum, clay and sand mining, construction stone, construction technology glass, mineral fibers and composites, building sanitary ceramics and other 10 sub-industry production index is located in the critical point above. Enterprises maintained stable expectations for market demand. Product prices continued to grow modestly. In the 13 industries of building materials, concrete and cement products, wall materials, waterproof building materials, lime gypsum, construction stone, construction technology glass, building materials and non-metallic mining and other 7 industries, product prices increased. Only construction and technical glass, non-metallic mineral processing industry products factory prices year-on-year growth, other industry product prices are lower than the same period last year, the current building materials market is still showing more supply than demand. Building materials industry operating environment is facing fluctuations and changes. Currency, finance, real estate and other areas of control policies are conducive to macro-expectations improve. Recently, coal, natural gas and other fuel prices rose significantly, as the climate turns cold, coal, gas demand is expected to increase, but the national series of supply initiatives will effectively regulate supply, price fluctuations are expected to be generally controllable. At the same time, after November, cement and other building materials supply, demand will appear seasonal weakening, in the supply exceeds demand market relations, product prices will be more sensitive to changes in supply and demand, enterprise production and operation should be more prudent.

   

Note: 1. Construction Materials Industry Prosperity Index (MPI) mainly monitors the operation trend of the construction materials industry, and has a strong prediction and early warning effect; when MPI is higher than 100, it indicates that the operation of the construction materials industry is in the prosperous range, and when MPI is lower than 100, it indicates that the operation of the construction materials industry is in the non-positive range. 2. The Construction Materials Industry Prosperity Index (MPI) judges the operation trend of the construction materials industry from both the supply side and the demand side. MPI judges the operation trend of building materials industry from the supply side and demand side. The supply side is divided into price index and production index, and the demand side is divided into investment demand index, industrial consumption index and international trade index of building materials according to the actual impact of the demand field on the building materials industry. 3. The price index of the building materials industry reflects the trend of the change of the factory price of the building materials industry. The ex-factory price does not include the expenses incurred in the circulation process of building material products, product profits and taxes. The factory price is different from the market price, the two changes will affect each other, there is a time lag, in a certain period of time there may be inconsistent trends. 4. construction materials industrial production index, reflecting changes in the trend of industrial production of construction materials, does not include price changes. 5. investment demand index, reflecting changes in the demand for investment market related to building materials. 6. industrial consumption index reflects The industrial consumption index reflects the trend of industrial consumption demand related to construction materials. Industrial consumption, including both inter-industry consumption within the building materials industry and consumption of building materials products by downstream industries. 7. International trade index of building materials reflects the trend of changes in international trade of building materials, which is mainly composed of export indexes of building sanitary ceramics, technical glass for construction, stone for construction, glass fibers and composite materials, and non-metallic minerals, etc. 

     

 from:http://www.cbmf.org/c/2023/10/24/19506.shtml


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