China Cement Market Data Center, according to market feedback, the recent rainy weather is more, the market demand is weak, the enterprise shipment is about 50% of the normal, coupled with the end of power rationing, enterprises have resumed production, high inventory operation, part of the inventory is full. In order to alleviate the inventory pressure, the leading enterprises in Guangyuan and Bazhong areas of Sichuan have lowered the cement price by 30 yuan/ton since August 10.
In addition, due to the impact of low-price cement in Chongqing, enterprises in Nanchong area slightly lowered the price of cement by 10 yuan/ton at the beginning of the month.
Local enterprises said that due to the decline in real estate investment, the downward pressure on cement demand in Sichuan is enormous. In the second half of the year, driven by infrastructure projects, the market situation is expected to pick up, but the impact of external markets such as Chongqing still needs attention.
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