Nanjing Cement Enterprises with Poor Demand and High Storage Level Run with Break-even

"Cement sales were hampered by the epidemic last year, coupled with little improvement in demand in the first quarter of this year, most enterprises in the region have high inventories.". In order to increase sales, some cement enterprises have been reducing prices, and now the price of cement in Nanjing market is rather chaotic. Recently, the sales director of a cement enterprise in Nanjing said in an exchange with China Cement Network.

It is understood that the current price of cement in Nanjing and its surrounding areas is generally low , except for some large enterprises in the maintenance of prices, many enterprises frequently reduce prices, the price difference between enterprises is large. The person in charge of sales of the above-mentioned

enterprises said that the downstream real estate and infrastructure construction were in poor condition, and some of the small projects started provided limited demand; in order to seize the remaining market and weaken the inventory pressure, frequent price reduction has become the daily routine of some Nanjing cement enterprises. "Most enterprises can only operate at break-even."

For the subsequent market situation, the sales manager of the enterprise is relatively optimistic. He said that in June and July this year, the Jiangbei section of the North Riverside high-speed rail will start construction, which will provide a large amount of cement demand, help alleviate the problem of shrinking demand in Nanjing and its surrounding areas, and cement prices will also improve.