In the long term, the Portland Cement Association (PCA) has predicted that cement consumption in the United States will increase by 9.7% in 2014 and 2015, reaching 86 million tons in 2014. Cement consumption in the United States is expected to rise by 11% in 2016. PCA also expects cement consumption in the United States to reach 119 million tons by 2018.
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Due to the recovery and expansion of the economy, the industrial infrastructure of the United States has been strengthened, which has led to an increase in domestic product shipments in the United States, but also stimulated product consumption. The Portland Cement Association of America believes that by 2008, the volume of cement in the United States will exceed 117 million tons.
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CEMPI
96.99
-0.45 -0.46%
CONCPI
89.83
0.00 0.00%
CLKPI
103.19
-0.28 -0.27%
SPPI
44.98
0.00 0.00%
MORPI
73.32
0.00 0.00%
In order to consolidate the price base of the Spring Festival market, cement enterprises in some regions such as Hebei Province, Shaanxi Province and Northeast China have taken the lead in issuing price increase notices. Although the current terminal demand has not yet fully recovered and the effect of price increase remains to be observed, this move undoubtedly releases a strong signal of industry confidence restoration.