水泥业强化自律反“内卷”

Core Viewpoint - The China Cement Association has issued an opinion to promote "anti-involution" and "steady growth" for high-quality development in the cement industry, addressing long-standing supply-demand imbalances and declining production due to weak downstream demand [1][2]. Group 1: Industry Challenges - The cement industry is facing significant supply-demand contradictions, with national cement production expected to decline to 1.825 billion tons in 2024, a 9.5% year-on-year decrease, marking the lowest output in 15 years [1]. - In the first five months of this year, cumulative cement production reached 659 million tons, down 4% year-on-year, with May's production showing an 8.1% decline [1]. Group 2: Industry Self-Regulation - The core of "anti-involution" in the cement industry is price self-discipline, which has historically supported industry stability and high-quality development while also facing challenges due to improper implementation leading to penalties [1][2]. - There is a need to liberate thinking regarding price self-discipline and explore new models within legal frameworks to facilitate high-quality development in the cement industry [2]. Group 3: Policy and Structural Adjustments - The revised "Implementation Measures for Capacity Replacement in the Cement and Glass Industry" aims to tighten capacity replacement requirements and optimize industry layout, reinforcing the need for companies to align actual production capacities with regulatory filings [2]. - The opinion emphasizes the importance of phasing out inefficient and outdated production capacities to achieve higher levels of optimization and transition to high-quality development [3]. Group 4: Future Directions - The industry can benefit from government support and top-level design to promote rational capacity reduction, including exploring the establishment of capacity exit funds linked to carbon market trading [3].