Cement stocks mostly rose during trading. As of press time, DONGWU CEMENT (00695) surged 7.92% to HK$4.77; WESTCHINACEMENT (02233) gained 5.56% to HK$2.85; CNBM (03323) rose 3% to HK$5.5; and CONCH CEMENT (00914) increased 0.62% to HK$22.68.

On the news front, according to China Cement Network's market data center, major clinker production companies in the Yangtze River Delta region began a 12-day staggered production period starting September 5th. This has helped alleviate inventory pressure for manufacturers. Combined with generally low price levels and severe enterprise losses, companies have shown strong willingness to raise prices. To improve profitability, some leading enterprises in the Yangtze River Delta region began notifying price increases of 30 yuan/ton for cement and clinker starting September 17-18, with other industry players expected to follow suit in the coming days.

Additionally, Tapai Group mentioned during institutional research that September marks the beginning of the traditional peak sales season, and cement prices in the Pearl River Delta region have recently started to rise.

CICC noted that the national cement shipment rate averaged 45.2% in August 2025, compared to 48.8% in the same period last year. August cement production declined 6.2% year-over-year to 148 million tons, with off-season cement demand remaining persistently weak. As of September 12th, the average cement price for July-September 2025 was 338 yuan/ton (compared to 376 yuan/ton in Q3 2024). However, current cement prices have shown a slight rebound from August lows, with September's national average cement price at 338 yuan/ton, up 2 yuan/ton month-over-month. This translates to an estimated gross profit of 58 yuan/ton for cement companies in September, up 3 yuan/ton month-over-month. The firm remains optimistic about marginal demand improvement as the industry enters peak season and price recovery following the implementation of price increases.