--- title: "CICC: Consumer building material prices are expected to recover moderately, glass industry profits under pressure" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/274930817.md" description: "CICC released a research report stating that prices in the consumer building materials industry are expected to recover moderately, with some leading enterprises potentially experiencing marginal improvements in gross margins. Recently, several leading companies have issued price increase notices, with the basis for the price hikes including supply optimization and rising upstream raw material prices. It is recommended to pay attention to ORIENTAL YUHONG, SKSHU, BNBMPLC, CHINA LESSO, and WEIXING NBM. The glass industry is under profit pressure, awaiting the acceleration of the cold repair process, and it is recommended to focus on XINYI GLASS and KIBING. The cement industry is experiencing weak profits in the off-season, and it is recommended to pay attention to CONCH CEMENT and SHANGFENG CEMENT" datetime: "2026-02-05T07:25:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274930817.md) - [en](https://longbridge.com/en/news/274930817.md) - [zh-HK](https://longbridge.com/zh-HK/news/274930817.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/274930817.md) | [English](https://longbridge.com/en/news/274930817.md) # CICC: Consumer building material prices are expected to recover moderately, glass industry profits under pressure According to the Zhitong Finance APP, China International Capital Corporation (CICC) released a research report stating that the prices in the consumer building materials industry are expected to recover moderately, with marginal improvements in the gross margins of leading companies in certain segments. Recently, leading enterprises have successively issued price increase notices in sub-sectors such as waterproofing, gypsum boards, and municipal channels. The basis for the price increase is judged to include supply optimization; upstream raw materials are mostly chemical products, and since the beginning of the year, the price center has shifted upward, including PVC, emulsions, etc. The firm is optimistic about the marginal recovery of profits for leading companies under the trend of industry price recovery. It is recommended to pay attention to Oriental Yuhong (002271.SZ), SKSHU (603737.SH), BNBMPLC (000786.SZ), CHINA LESSO (02128), and WEIXING NBM (002372.SZ). In terms of fiberglass, the firm pointed out that AI is encroaching on traditional electronic fabric supply, demonstrating strong price elasticity since the beginning of the year. Due to the rapid growth in AI demand, some electronic fabric manufacturers are switching their production capacity to low dielectric products. The switch of weaving machine equipment and the long ordering cycle of equipment have driven up the prices of ordinary electronic fabrics. As of February 4, the mainstream price of 7628 electronic fabric from some companies has increased by 0.7 yuan/meter compared to the end of last year, reaching 5.1-5.3 yuan/meter (including tax). It is recommended to pay attention to China Jushi (600176.SH) and Zhongcai Technology (002080.SZ). In the glass sector, industry profits are under pressure, awaiting an acceleration in the cold repair process. According to Zhuochuang Information, as of January 29, the tax-inclusive average price of float glass was 1,145 yuan/ton, with corresponding glass ton gross margins for pipeline gas/coal gas/oil coke at -120 yuan/-33 yuan/-58 yuan/ton, respectively. Continued profit pressure may promote enterprises to accelerate cold repairs. It is recommended to pay attention to XINYI GLASS (00868) and KIBING (601636.SH). In the cement sector, profits are weak in the off-season, and anti-involution continues to advance. Currently, the national cement ton gross margin is basically on par with the third quarter of last year, at a historical low, with limited room for further decline. The firm is optimistic about the marginal improvement in cement industry capacity utilization under the continued advancement of anti-involution policies. It is recommended to pay attention to CONCH CEMENT (00914) and SHANGFENG CEMENT (000672.SZ) ### 相關股票 - [CONCH CEMENT (00914.HK)](https://longbridge.com/zh-HK/quote/00914.HK.md) - [XINYI GLASS (00868.HK)](https://longbridge.com/zh-HK/quote/00868.HK.md) - [ACC (600585.CN)](https://longbridge.com/zh-HK/quote/600585.CN.md) - [SKSHU (603737.CN)](https://longbridge.com/zh-HK/quote/603737.CN.md) - [WEIXING NBM (002372.CN)](https://longbridge.com/zh-HK/quote/002372.CN.md) - [ORIENTAL YUHONG (002271.CN)](https://longbridge.com/zh-HK/quote/002271.CN.md) - [KIBING (601636.CN)](https://longbridge.com/zh-HK/quote/601636.CN.md) - [BNBMPLC (000786.CN)](https://longbridge.com/zh-HK/quote/000786.CN.md) - [SHANGFENG CEMENT (000672.CN)](https://longbridge.com/zh-HK/quote/000672.CN.md) - [CHINA LESSO (02128.HK)](https://longbridge.com/zh-HK/quote/02128.HK.md) ## 相關資訊與研究 - [Shangfeng Cement to Raise Capital of Subsidiary by 40 Million Yuan](https://longbridge.com/zh-HK/news/264570534.md) - [Anhui Conch Cement Lifts 2025 Profit Despite Revenue Decline](https://longbridge.com/zh-HK/news/280323421.md) - [China Lesso to Overhaul Corporate Charter to Meet New Hong Kong Listing Rules](https://longbridge.com/zh-HK/news/281078717.md) - [Xinyi Glass Declares Final 2025 Dividend With Optional Scrip Shares](https://longbridge.com/zh-HK/news/277249561.md) - [Xinyi Glass posts FY revenue RMB 20,829 million](https://longbridge.com/zh-HK/news/277219530.md)