At the end of May 2012, the cement inventory of China's key building materials companies increased by 14.1%

Statistics show that from January to May, the country's cement output was 79.09 million tons, an increase of 5% year-on-year, and the growth rate slowed down by 14.3% year-on-year. At the end of May, the cement stocks of key building materials companies totaled 18.58 million tons, up 14.1% year-on-year. In the first four months, the building materials industry achieved a profit of RMB 81.3 billion, which was a year-on-year decrease of 7%. Among them, the cement industry profit was 9.53 billion yuan, a decrease of 59.9%. From the perspective of corporate inventory and profitability data, due to the downturn in the building materials industry and high inventory levels of companies, there is no good news for building materials in the short-term, and it is difficult for cement companies to improve in the short-term if their inventory is high.