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.

All can be viewed after purchase

Correlation

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

100.41

+0.83 +0.83%

CONCPI

86.65

-0.03 -0.03%

CLKPI

102.88

+1.32 +1.30%

SPPI

41.98

+0.35 +0.84%

MORPI

71.83

0.00 0.00%

Ningxia: Strictly implement the ultra-low emission transformation of cement and other industries

In order to further study and implement Xi Jinping's thought of ecological civilization, resolutely implement the deployment requirements of the State Council's Action Plan for Continuous Improvement of Air Quality, conscientiously implement the work arrangements of the Party Committee and the government of the autonomous region, and continuously consolidate the achievements of the year of tackling key problems in the protection and control of the ecological environment, on October 15, 2026, the State Council of the People's Republic of China decided to implement the plan. The People's Government of the Autonomous Region held a kick-off meeting on air pollution prevention and control in the winter and spring of 2026-2027. Vice Chairman Liu Jun presided over and delivered a speech. Members of the leading group of the construction of ecological civilization of the Party Committee of the Autonomous Region are responsible for comrades, members of the team of the Department of Ecological Environment and relevant departments and institutions.