ItstimetotakeprofitincementstocksInthepast8weeks,cementsellingprices(Grade42.5)haveincreasedby30%(CNY82/t)inEastChinaand39%(CNY103/t)inSouthChina,andhasbeenthecatalystforthe+40%rallyincementstocks.WeattributetheriseinASP,whichwebelieveislikelytoretreatinlateNovember,to:1)seasonalimprovingdemandin4Q12,and2)deliberatepricecoordinationthattargetsahigherASP.Weexpectseasonaldeman...