The Zhitong Finance App learned that cement stocks generally rose. As of press release, Conch Cement (00914) rose 4.04% to HK$16.98; Western Cement (02233) rose 3.61% to HK$0.86; Huaxin Cement (06655) rose 3.17% to HK$6.51; and China Building Materials (03323) rose 1.46% to HK$2.09.

According to reports, in September, major brands in various regions, including Hunan, Shaanxi, Hebei, Henan, Jiangsu, Zhejiang, Liaoning, Jilin, Heilongjiang, Sichuan, and Chongqing, announced increases in cement prices. After this round of increases, the price of P.O42.5 bulk cement from some enterprises in Heilongjiang in Northeast China has reached 530 yuan/ton. Furthermore, in order to accelerate efforts to expand the coverage of the national carbon emissions trading market, the Ministry of Ecology and Environment has prepared and formed the “National Carbon Emissions Trading Market Work Plan to Cover the Cement, Steel, and Electrolytic Aluminum Industries (Draft for Comments)”, which is now being publicly solicited for comments.

Ping An Securities pointed out that the cement industry is a major carbon emitter, and the draft solicitation of comments included it in the national carbon emissions market. Leading companies such as Huaxin and Conch have increased their energy consumption levels through alternative fuels and technical reforms in recent years, and their carbon emission intensity is at the leading level in the industry. Subsequent cement will be included in the national carbon trading market, and the cost advantages of Huaxin and Conch will be further consolidated. Furthermore, as the peak season in September approaches, cement prices are still likely to rise in various regions. Follow-up attention will be paid to the recovery in demand and the progress of production stoppages in various regions.