[Video] Prices Return to "2"! Infrastructure construction is difficult to reverse the decline of cement demand in Jiangsu

2023-07-28 10:39:09

As demand continues to be weak, the price of cement in Jiangsu has also fallen to a low ebb and returned to "2". The key reason for the sluggish demand for cement is that real estate has gone downhill.

According to China Cement Network Market Data Center, the recent rainy weather in Jiangsu is more, the market demand is weak, the shipment volume of enterprises is only about 50% of the normal level, and the overall market quotation is weak and stable.

In the first half of the year, the investment in fixed assets in Jiangsu Province increased by 5.5% year-on-year, the investment in infrastructure increased by 3.6% year-on-year, and the investment in real estate development decreased by 2.3%, which is the same as the national situation. Return to the "2 prefix". The key reason for the sluggish demand for cement is that real estate has gone downhill.

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Correlation

[Video] Prices Return to "2"! Infrastructure construction is difficult to reverse the decline of cement demand in Jiangsu

2023-07-28 10:39:09

CEMPI

93.35

+1.13 +1.23%

CONCPI

86.60

-0.31 -0.36%

CLKPI

96.13

-0.47 -0.49%

SPPI

40.93

-0.14 -0.34%

MORPI

71.83

-0.02 -0.03%

Cement Net Report: Comparative Analysis of the Operation and Development of Overseas Multinational Cement Groups in the First Half of 2026

In the first half of 2026, affected by factors such as weather and policies, there were significant differences in global demand performance. The revenue scale of building materials business of four overseas multinational cement groups, Old Castle, Holcim, Heidelberg and Cemex, was divided. However, due to the general rise in sales prices and strict cost control, the net profit of enterprises in continuous operation was higher than that of the same period last year.