建材行业稳增长方案对水泥影响几何？20250925 摘要 稳增长政策支持建材行业反内卷，提振水泥企业信心，促进行业自律和 错峰生产，此前高院的反垄断案例曾对行业产生心理影响。 水泥超产治理要求企业在 2025 年底前制定产能置换方案，截至 9 月 24 日已出清 5,500 万吨产能，预计四季度将有更多产能公示，旨在统一实 际产能与备案产能。 碳排放权交易市场配额分配从与产品产量挂钩改为与产能挂钩，管理模 式更加严格，促使企业更注重实际生产中的碳排放控制。 完成超产治理后，预计水泥行业总熟料产能将降至 15 亿吨左右，提升 行业整体利用率至 70%左右，部分省份利用率或达 80%以上，减少错 峰生产需求。 绿色低碳转型基金将以区域性方式启动，可能从云南、贵州等产能过剩 地区开始，由企业自行组建，通过幸存企业收取基金补偿退出产能企业。 2027 年后水泥行业进入总量管控阶段，将严格限制超出批复产能的行 为，推动设立绿色低碳转型基金，加速低效产能退出，优化产业结构。 2025 年是水泥行业纳入碳排放管控体系的首个履约年，初期政策宽松， 大企业与中小企业成本差异不大，但随着配额收紧，前期投入降碳的大 企业成本优势将 ...

Core Insights - The report highlights a significant decline in pig prices, with the average price of live pigs dropping to 12.82 yuan/kg by September 19, marking a three-year low [5][6] - The report indicates that the supply side is experiencing pressure due to increased market supply, while demand remains weak, particularly affected by high temperatures in August [5][6] - The government is implementing stricter policies to control pig production capacity, aiming to stabilize prices and promote high-quality development in the industry [6] Industry Overview - In August 2025, the average prices for piglets, live pigs, and pork were 33.63 yuan/kg, 14.35 yuan/kg, and 24.98 yuan/kg, respectively, showing month-on-month declines of 5.87%, 3.77%, and 1.52% [5] - The report notes that the number of breeding sows in July was 40.42 million, with a slight decrease, indicating a trend of capacity reduction in the industry [5] - The report anticipates that the short-term pressure on pig prices will lead to a long-term upward trend as the government’s capacity reduction policies take effect [6] Company Insights - Major companies in the pig farming sector, such as Muyuan Foods and Wens Foodstuff Group, reported significant declines in sales prices in August, with average sales prices of 13.51 yuan/kg and 13.90 yuan/kg, respectively [7] - The report suggests that companies with strong cost advantages are likely to maintain profitability despite the current market pressures [6] - The report recommends focusing on leading companies in the industry, such as Muyuan Foods and Wens Foodstuff Group, which are expected to perform well in the long term [6]

氯碱日报 | 2025-09-25 山东烧碱去库，PVC随建材行业稳增长情绪反弹 市场要闻与重要数据 PVC: 期货价格及基差：PVC主力收盘价4919元/吨（+28）；华东基差-199元/吨（-28）;华南基差-109元/吨（-28）。 现货价格：华东电石法报价4720元/吨（+0）；华南电石法报价4810元/吨（+0）。 上游生产利润：兰炭价格690元/吨（+0）；电石价格2890元/吨（+0）；电石利润48元/吨（+0）；PVC电石法生产毛 利-657元/吨（-155）；PVC乙烯法生产毛利-652元/吨（+20）；PVC出口利润5.2美元/吨（+9.8）。 PVC库存与开工：PVC厂内库存30.6万吨（-0.4）；PVC社会库存53.5万吨（+0.3）；PVC电石法开工率76.91%（-3.38%）； PVC乙烯法开工率72.00%（-5.20%）；PVC开工率75.43%（-3.96%）。 下游订单情况：生产企业预售量75.6万吨（+6.7）。 烧碱： 期货价格及基差：SH主力收盘价2548元/吨（+13）；山东32%液碱基差-48元/吨（-13）。 现货价格：山东32%液碱报价800元/吨（+0） ...

Core Viewpoint - The "Building Materials Industry Stabilization Growth Work Plan (2025-2026)" aims to enhance the profitability and innovation capacity of the building materials industry, with a target of exceeding 300 billion yuan in green building materials revenue by 2026 [1] Group 1: Key Tasks - Strengthening industry management to promote survival of the fittest, prohibiting new capacities for cement clinker and flat glass, and enforcing the elimination of outdated capacities [2] - Enhancing industrial technological innovation to improve effective supply capacity and fostering advanced inorganic non-metallic materials [3] - Expanding effective investment to facilitate industry transformation and upgrading, including digital and green modifications [3] - Stimulating consumer demand through initiatives like promoting green building materials in rural areas and supporting cooperation between upstream and downstream enterprises [3] - Deepening open cooperation to enhance international development levels and promoting high-level international collaboration [3] Group 2: Market Impact - The policy is expected to reverse the weak expectations in the glass industry chain, potentially leading to a recovery in glass prices during the peak demand season [4] - The glass production industry is under high energy consumption scrutiny, with a shift towards natural gas as a fuel source anticipated [4] - The implementation of comprehensive standards for quality, environmental protection, energy consumption, and safety is expected to create a balanced supply-demand dynamic in the glass industry [4]

Core Viewpoint - The Ministry of Industry and Information Technology, along with five other departments, has issued the "Building Materials Industry Stabilization and Growth Work Plan (2025-2026)", aiming for recovery and growth in the building materials sector, with a target of exceeding 300 billion yuan in revenue from green building materials by 2026 [1][2]. Group 1: Key Tasks - Strengthening industry management to promote survival of the fittest, prohibiting new production capacity for cement clinker and flat glass, and mandating capacity replacement plans for new and renovated projects [1]. - Enhancing technological innovation in the industry to improve effective supply capacity and fostering advanced inorganic non-metallic materials [2]. - Expanding effective investment to facilitate industry transformation and upgrading, including digital and green transformations [2]. Group 2: Market Demand and International Cooperation - Stimulating consumer demand through initiatives like promoting green building materials in rural areas and supporting the establishment of cooperation mechanisms among upstream and downstream enterprises [2]. - Deepening open cooperation to enhance international development levels, particularly with countries involved in the Belt and Road Initiative [2]. Group 3: Industry Insights - Analysts suggest that the policy will positively impact the glass industry, potentially reversing weak expectations and aligning with seasonal demand [2]. - The flat glass industry is under high regulatory scrutiny due to its energy consumption, with a shift towards natural gas as a fuel source anticipated [3]. - Long-term strategies include differentiated management in the flat glass sector to concentrate resources on leading enterprises, aiming to cultivate world-class building material companies [3].

Core Viewpoint - The "Work Plan for Steady Growth in the Building Materials Industry (2025-2026)" aims to restore the building materials industry, enhance profitability, and achieve over 300 billion yuan in revenue from green building materials by 2026 [1][2]. Industry Recovery - The building materials industry is a crucial sector for the national economy, supporting environmental improvement and circular economy development. The industry has faced declining economic benefits from 2022 to 2024, making the task of stabilizing growth challenging [2]. - The work plan sets goals for 2025-2026, including improved profitability and increased technological innovation, with a focus on green building materials and advanced inorganic non-metallic materials [2][3]. Supply and Demand Structure - The work plan emphasizes addressing structural supply and demand issues by implementing strict management measures, such as prohibiting new cement and flat glass production capacity and ensuring capacity replacement plans are in place by the end of 2025 [4][5]. - The plan aims to enhance the industry's dynamic adjustment capabilities and promote steady growth through capacity optimization and elimination of outdated production [4]. Digital and Green Transformation - The work plan promotes the digital transformation and green low-carbon modification of traditional building materials industries, including the implementation of guidelines for digital transformation and the goal of having 50% of cement clinker capacity in key pollution prevention areas upgraded by the end of 2025 [4][5]. Innovation and Demand Expansion - The work plan seeks to strengthen technological innovation in the industry and expand demand by tapping into traditional consumption potential and fostering new applications [5]. - Initiatives include promoting green building materials in rural areas, supporting cooperation between upstream and downstream enterprises in the inorganic non-metallic materials sector, and enhancing international cooperation through the Belt and Road Initiative [5].

扩需求，挖掘传统消费潜力、培育新兴应用。持续开展绿色建材下乡活动，落实政府采购支持绿色建材 促进建筑品质提升政策；支持建立无机非金属材料生产企业上下游合作机制，推动金刚石、先进陶瓷、 低介电玻璃纤维制品等推广应用。 方案以质量效益为中心，强化科技创新和产业创新深度融合，注重供需两端协同发力，具体提出了一系 列重点任务。 优供给，推动传统建筑材料升级和先进无机非金属材料发展。壮大先进无机非金属材料产业，加快先进 陶瓷、超硬材料等补短板锻长板，培育石墨、萤石、菱镁矿等特色优势资源产业。 新华社北京9月24日电（记者王悦阳）记者24日从工业和信息化部获悉，工业和信息化部、自然资源 部、生态环境部等六部门日前联合印发《建材行业稳增长工作方案（2025—2026年）》，其中提出2026 年，力争绿色建材营业收入超过3000亿元。 方案还明确了一系列2025年至2026年建材行业稳增长主要目标：建材行业恢复向好，盈利水平有效提 升，产业科技创新能力不断增强，绿色建材、先进无机非金属材料产业规模持续增长，绿色低碳和数字 化发展水平明显提高。 在控总量方面，严禁新增产能，开展风险预警。严禁新增水泥熟料、平板玻璃产能，加快光伏 ...

Core Viewpoint - The Ministry of Industry and Information Technology of China has issued a work plan for the building materials industry aimed at restoring growth and improving profitability from 2025 to 2026, with a target for green building materials revenue to exceed 300 billion yuan by 2026 [1][2] Group 1: Key Tasks - Strengthening industry management by prohibiting new cement clinker and flat glass production capacity, requiring capacity replacement plans for new projects, and enhancing the management of existing capacities [1] - Enhancing technological innovation in the industry by promoting advanced inorganic non-metallic materials and improving supply capabilities in sectors like advanced ceramics and superhard materials [1] - Expanding effective investment through digital and green transformations, and developing industry standards for safety glass and insulation materials [2] Group 2: Demand and Cooperation - Expanding consumer demand by promoting green building materials in rural areas and supporting the establishment of cooperation mechanisms between upstream and downstream enterprises in the non-metallic materials sector [2] - Deepening open cooperation with countries along the Belt and Road Initiative to promote building materials products, technologies, and standards internationally [2]

【导读】六部门联合印发《建材行业稳增长工作方案（2025—2026年）》 中国基金报记者 李智 事关建材行业，重磅文件来了！ 9月24日，工业和信息化部、自然资源部、生态环境部、住房城乡建设部、水利部、农业农村 部联合印发《建材行业稳增长工作方案（2025—2026年）》（以下简称《方案》）。 | 发文机关： 工业和信息化部 自然资源部 生态环境部 住房域乡建设部 水利部 农业农村部 | | | --- | --- | | 标 ■ 题：工业和信息化部 自然资源部 生态环境部 住房域乡建设部 水利部 农业农村部关于印发《建材行业稳增长工作方案（2025—2026年）》的通知 | | | 发文字号: 工信部联原〔2025〕185号 | | | 成文日期: 2025-08-25 | 发布日期: 2025-09-24 | | 发布机构:工业和信息化部 | 分 类: 原材料工业管理,产业政策 | 《方案》明确，2025—2026年，建材行业恢复向好，盈利水平有效提升，产业科技创新能力 不断增强，绿色建材、先进无机非金属材料产业规模持续增长，其中，2026年绿色建材营业 收入超过3000亿元，绿色低碳和数字化发展水平明显 ...

Core Viewpoint - The Ministry of Industry and Information Technology, along with five other departments, has issued a work plan for the construction materials industry for 2025-2026, focusing on capacity management, technological innovation, investment expansion, demand stimulation, and international cooperation [1][2]. Group 1: Industry Management - New capacity for cement clinker and flat glass is strictly prohibited, and any new or modified projects must develop capacity replacement plans [2]. - The plan aims to unify actual cement production capacity with registered capacity and enhance risk warnings for photovoltaic glass production [2]. Group 2: Technological Innovation - The plan emphasizes strengthening the advanced inorganic non-metallic materials industry and accelerating the development of advanced ceramics and superhard materials [2]. - It aims to cultivate industries based on unique resources such as graphite, fluorite, and magnesite to improve effective supply capacity [2]. Group 3: Investment Expansion - The plan encourages digital and green transformation in the industry, promoting the development of "zero" factories in cement and flat glass sectors [2]. - It includes the revision of national standards for safety glass and insulation materials, as well as industry standards for green building materials [2]. Group 4: Demand Stimulation - Continuous efforts will be made to promote green building materials in rural areas and support government procurement policies that enhance building quality [2]. - The establishment of cooperation mechanisms between upstream and downstream enterprises in the inorganic non-metallic materials sector is encouraged [2]. Group 5: International Cooperation - The plan aims to strengthen industrial cooperation with countries and regions involved in the Belt and Road Initiative, promoting the export of construction materials, technologies, and standards [2].