China Cement Network Market Data Center news, the recent market demand and sales in Guang'an, Sichuan, coupled with the impact of low-price cement in the peripheral market, local enterprises are under great pressure to sell.
In order to maintain market share, leading enterprises in Guang'an region continued to reduce cement prices by 20 yuan/ton around September 2 after reducing cement prices by 40-50 yuan/ton in August. In addition, at the end of August, leading enterprises in Guangyuan and Bazhong lowered the price of cement by 30 yuan/ton.
In Liangshan Prefecture, the recent rainy weather is more, the market demand and sales are weak, the high inventory of enterprises is under pressure, coupled with the impact of price reduction in the peripheral market, the sales pressure of local enterprises is greater. In order to increase sales, leading enterprises in Liangshan Prefecture of Sichuan Province have lowered cement prices by 30-50 yuan/ton since September 2-3.
After this round of decline, cement prices in Guang'an, Guangyuan and Bazhong have fallen by 60-70 yuan/ton, which has fallen below the level before the price increase in late July. Chengdu direction, after the decline at the end of August, the cumulative decline also reached more than 60 yuan/ton, also falling below the level before the price increase. On the whole, many areas in Sichuan have dropped by 20-30 yuan/ton compared with before the price increase.
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