建筑材料行业周报：上调板块评级，布局进攻机会

Investment Rating - The report upgrades the investment rating of the building materials sector from "Neutral" to "Positive" [5] Core Viewpoints - The real estate industry is expected to reach a turning point due to recent significant policy announcements, indicating a shift in attitude from the top levels of government [3] - The building materials sector is identified as a key area for investment as the real estate policies reverse, with historical data supporting this view [4] - The report emphasizes the importance of three factors in stabilizing the real estate market: reducing constraints, supply adjustments, and deleveraging [3][4] Summary by Sections Sector Tracking - The Shanghai Composite Index rose by 12.8%, while the building materials index increased by 18.6% during the same period [7] - Key stocks in the building materials sector showed significant gains, with the top five performers including King Kong Photovoltaic (+34.7%) and Weixing New Materials (+30.2%) [7] Data Tracking - Cement prices averaged 386.0 CNY/ton, up 4.5 CNY/ton month-on-month and up 26.7 CNY/ton year-on-year [14] - The average price of 5mm float glass was 1268.4 CNY/ton, down 48.8 CNY/ton month-on-month and down 932.7 CNY/ton year-on-year [24] - The price of carbon fiber remained stable, with large tow carbon fiber priced at 72.5 CNY/kg, unchanged month-on-month but down 5.0 CNY/kg year-on-year [37]