According to market feedback, the recent rainy weather is more, the market demand is weak, some enterprises ship about 5-6%, high inventory pressure. In order to increase sales, the leading enterprises in Nanchang, Jiangxi Province have recently lowered the price of cement by 10-20 yuan/ton, and the leading enterprises in the surrounding northeastern Jiangxi Province have lowered the price of cement by about 20-30 yuan/ton. A cement company
in Nanchang said: "The market demand is poor, and the surrounding prices have fallen again and again, so we can only reduce prices." It is understood that the current ex-factory price of cement in Nanchang area of Jiangxi Province is about 290 yuan/ton.
At present, the cement market in Jiangxi is not good, but from the demand side, the demand for cement in Jiangxi may show signs of warming up.
Recently, Jiangxi Statistical Bureau announced that in the first half of the year, the province's infrastructure investment increased by 4.3% year-on-year, 1.3 percentage points faster than in the first quarter. The role of "ballast stone" in large projects has emerged, with 7506 construction projects with more than 100 million yuan in the province, accounting for 67.4% of the total investment, an increase of 2.6 percentage points over the same period of last year. In terms of
financial loans, Chen Feng, member of the Party Committee and vice president of the Nanchang Central Branch of the People's Bank of China, said that the growth of infrastructure construction loans was accelerating . At the end of June, the loan balance of infrastructure industry in Jiangxi Province was 1,361.3 billion yuan, an increase of 116 billion yuan over the beginning of the year, an increase of 35.5 billion yuan over the same period last year, an increase of 13.6% over the same period last year, an increase of 3.7 percentage points over the same period last year. Recovery growth of loans in real estate industry. Actively implement the "Financial 16" and other real estate financial policies, increase real estate enterprise loans, bonds and other new financing support, to meet the reasonable financing needs of the real estate industry, the province's real estate industry loan growth showed a sustained recovery trend. At the end of June, the medium and long-term loans of financial institutions in the province to the real estate industry increased by 5.1%, up 2.7 percentage points from the end of last year. With the accelerated growth of
infrastructure construction loans and the recovery growth of real estate industry loans, let's wait and see whether the demand for cement in Jiangxi will rebound in the second half of the year.