建材ETF（159745）涨超1.5%，需求改善预期与成本压力缓解引关注

Core Viewpoint - The cement industry has improved its profitability and stability through supply-side reforms, including peak production scheduling and the elimination of outdated capacity, leading to a significant increase in profits from 33 billion yuan in 2015 to 154.6 billion yuan in 2018 [1] Group 1: Industry Reforms - The cement industry has implemented measures such as peak production scheduling and the replacement of eliminated capacity with new capacity of equal or greater scale [1] - Since 2016, peak production scheduling has become normalized in the cement industry, supported by industry alliances ensuring policy implementation [1] Group 2: Financial Performance - The return on equity (ROE) in the cement industry has remained at a high level for an extended period due to improved profitability [1] - The industry's profit structure has improved, leading to a recovery in prices and profits, with industry concentration also increasing [1] Group 3: Investment Products - The Building Materials ETF (159745) tracks the construction materials index (931009), which includes publicly traded companies involved in the production and sales of cement, glass, ceramics, and other building materials [1]