Analysis of Cement Market Operation in the First Half of 2023 and Its Future Prospect

2023-08-02 09:43:33

In the first half of 2023, affected by the macroeconomic downturn and insufficient market demand, the cement industry continued its downturn since 2022. In the first quarter, the downstream resumption of work was better, and the overall demand was better than same period. After entering the second quarter, the peak season was not strong, and the demand weakened significantly. In addition, the market competition was fierce, and the cement price continued to fall. In the first half of the year, cement production hit a new low since 2012, and despite lower coal prices, the profits of the cement industry still shrank sharply. Looking forward to the second half of 2023, we believe that the demand of the cement industry will improve to a certain extent compared with the first half of the year, and the price will rebound seasonally. Due to the limited recovery of demand and the high inventory of enterprises, the strength of the price rebound may be limited. Throughout the year, cement demand will face downward pressure, and the decline in industry efficiency is still large.

In the first half of

2023, affected by the macroeconomic downturn and insufficient market demand, the cement industry continued its downturn since 2022. In the first quarter, the downstream resumption of work was better, and the overall demand was better than same period. After entering the second quarter, the peak season was not strong, and the demand weakened significantly. In addition, the market competition was fierce, and the cement price continued to fall. In the first half of the year, cement production hit a new low since 2012, and despite lower coal prices, the profits of the cement industry still shrank sharply. Looking forward to the second half of 2023, we believe that the demand of the cement industry will improve to a certain extent compared with the first half of the year, and the price will rebound seasonally. Due to the limited recovery of demand and the high inventory of enterprises, the strength of the price rebound may be limited. Throughout the year, cement demand will face downward pressure, and the decline in industry efficiency is still large.

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Analysis of Cement Market Operation in the First Half of 2023 and Its Future Prospect

In the first half of 2023, affected by the macroeconomic downturn and insufficient market demand, the cement industry continued its downturn since 2022. In the first quarter, the downstream resumption of work was better, and the overall demand was better than same period. After entering the second quarter, the peak season was not strong, and the demand weakened significantly. In addition, the market competition was fierce, and the cement price continued to fall. In the first half of the year, cement production hit a new low since 2012, and despite lower coal prices, the profits of the cement industry still shrank sharply. Looking forward to the second half of 2023, we believe that the demand of the cement industry will improve to a certain extent compared with the first half of the year, and the price will rebound seasonally. Due to the limited recovery of demand and the high inventory of enterprises, the strength of the price rebound may be limited. Throughout the year, cement demand will face downward pressure, and the decline in industry efficiency is still large.

2023-08-02 09:43:33

CEMPI

105.52

+0.16 +0.15%

CONCPI

91.68

0.00 0.00%

CLKPI

111.40

+0.52 +0.47%

SPPI

45.16

+0.15 +0.33%

MORPI

74.84

0.00 0.00%

Cement Net Data: Port Coal Price Statistics (10.03-10.09)

The Port Coal Price Statistics Table shows the port coal prices in different regions. On the whole, some prices have changed and some have remained stable. In the data with price changes, the price of some coal in some ports has a relatively large range of change, for example, the price of general bituminous coal with 5500 calorific value and closing price in Qinhuangdao Port, Caofeidian Port and Jingtang Port has decreased; while the price of some coal in Sime Darby Port, Rugao Port and other ports has not changed, and the range of change is relatively small. In terms of statistical time, it involves the price comparison between September 25 and October 9, 2025.