淡季需求未见好转，产业链有待修复

Group 1: Cement Market Analysis - In mid-July, the domestic cement market demand remained weak due to tight market funds and adverse weather conditions, with average shipment rates of key regional cement enterprises staying low[4] - Cement prices have been fluctuating downwards due to weak demand, rising inventory, and unstable enterprise sentiment, leading to price pressures[5] - The Yangtze River Delta region's cement companies plan to reduce production by approximately 30% over 10 days in July and August to stabilize prices[23] Group 2: New Materials Insights - The average market price of carbon fiber is stable at 91.25 yuan/kg, with weak raw material prices and insufficient cost support impacting factory profit levels[8] - The glass fiber market is experiencing low trading activity, with prices for coarse yarn remaining stable while fine yarn prices are also steady[81] - The photovoltaic glass market is facing weak demand, with manufacturers maintaining high inventory levels and cautious pricing strategies due to low profit margins[79] Group 3: Real Estate and Construction Trends - In the first half of 2024, national real estate development investment decreased by 10.1% year-on-year, with new housing sales area down by 19.0%[59] - The government is expected to implement measures to stabilize the market, which may lead to a gradual recovery in construction material demand[61] - The focus on risk prevention in real estate was highlighted in the recent policy discussions, emphasizing the need for coordinated development strategies[21]