Peak construction season and policy catalysts drive price increases across multiple building materials

Recently, multiple varieties in the building materials sector have issued price increase notices. Influenced by policy catalysts and the peak construction season, the supply-demand pattern in the industry is improving. Prices of materials such as cement, glass, and fiberglass are expected to rise, especially as cement prices are nearing the bottom, and future demand recovery will drive prices upward. Policies emphasize high-quality urban renewal, promoting a stabilization in infrastructure demand, and corporate balance sheets are expected to recover. The rise in crude oil and natural gas prices has also pushed up raw material costs, necessitating attention to price transmission in the consumer building materials industry