[Weekly Review] North China: During Staggered Kiln Shutdown Period, Many Places Have Strong Willingness to Raise Prices (8.7-8.11)

2023-08-11 17:18:25

Hebei Building Materials Industry Association issued a notice for cement clinker production enterprises in the whole province to carry out industry self-discipline peak staggering production, which lasted from August 10 to 24, and the kiln was shut down for 15 days.

According to the market data of China Cement Network, the recent increase in rainy weather affected by typhoons and the decline in cement market demand have led some enterprises to shut down their kilns. In order to alleviate the pressure of inventory and improve the relationship between supply and demand in the market, Hebei Building Materials Industry Association issued a work notice for cement clinker production enterprises in the whole province to carry out industry self-discipline peak staggering production, which lasted from August 10 to 24 and stopped kilns for 15 days.

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Correlation

[Weekly Review] North China: During Staggered Kiln Shutdown Period, Many Places Have Strong Willingness to Raise Prices (8.7-8.11)

2023-08-11 17:18:25

[Weekly Review] North China: Market prices in many places dropped to around 300 yuan/ton (7.24-7.28)

Affected by the rain weather, the market demand in Beijing and Tianjin is running in the off-season. Tangshan area in Hebei Province has strict environmental protection control and weak production and demand. Affected by the reduction of production, the number of Tangshan cement entering Beijing and Tianjin has decreased significantly recently.

2023-07-28 17:12:19

CEMPI

98.42

-0.1 -0.1%

CONCPI

90.21

-0.02 -0.02%

CLKPI

104.48

-0.29 -0.28%

SPPI

44.98

0.00 0.00%

MORPI

73.32

0.00 0.00%

Difficult to Solve the Supply and Demand Dilemma of China's Cement Industry — — On the Ineffectiveness of Reducing Production Capacity and Balancing Supply and Demand

In order to get rid of the predicament and achieve high-quality development, China's cement industry must abandon the idea of "surface regulation" and focus on the reduction of total capacity, structural optimization and demand boosting, so as to truly solve the problem of imbalance between supply and demand and promote the industry to return to the benign development track.