The market is not prosperous in the peak season! The decline in cement prices across the country expanded! Prices in individual regions pushed up

On Friday (May 12), the National Cement Price Index (CEMPI) closed at 132.55 points, down 1.81% month-on-month and 19% year-on-year.

After the May Day holiday, the national market demand performance was still unsatisfactory, and the high inventory of enterprises was under pressure. The market competition intensifies and the national cement price declines ; the southern region has poor project commencement, weak market demand and fierce regional competition; the northern region has general demand and stable market operation.

Table 1: Changes

in Price Indices of Cement in Six Regions Source: Cement Big Data (https://data.ccement.com/)

East China

Jiangsu: Affected by the May Day holiday and the rainy weather, the terminal market demand is weak." From 3 to 9, the price of cement in Nanjing, Zhenjiang, Nantong and Suzhou, Wuxi and Changzhou in Jiangsu Province was lowered by 15-30 yuan/ton , while the price of high-standard bulk in central Jiangsu was slightly reduced by about 10 yuan/ton . Other varieties are reduced by 20-40 yuan/ton .

Zhejiang: Weak market demand, high inventory pressure, cement prices have dropped two rounds since the beginning of the month, with a cumulative decline of 30-40 yuan/ton.

Anhui: The market demand is not strong in the peak season. The price of cement in Ma'anshan, Wuhu, Huangshan, Xuancheng and Huaibei has been lowered by 10-20 yuan/ton , and the price in Xuancheng has been lowered for two consecutive rounds. The accumulative decrease is 30-35 yuan/ton .

Fujian: The terminal market demand is weak, some enterprises are not in place to implement the shutdown of kilns, and cement prices in Fuzhou, Ningde, Sanming and other places fell by 10-20 yuan/ton at the beginning of the month. Around 10 days, the southern Fujian region followed up with a reduction of 10-15 yuan/ton .

Shandong: Driven by peak staggering, Increase cement and on the 10th Https://price.ccement.com/Price_list-1-s0-e0-p0-c0-k100059-b0.

Jiangxi: The overall market demand is weak. Recently, Jiujiang and its surrounding markets in Nanchang and Ganzhou have fallen by 15-20 yuan/ton .

Central-South

Guangdong, Guangxi: The market demand in Guangdong and Guangxi is weak, the sales volume is poor, and the cement price in eastern Guangdong and the Pearl River Delta region is reduced by 15-20 yuan/ton from 8 to 9 days. Cement prices in Beifangqin, Guilin and other markets in Guangxi have fallen by about 20 yuan/ton .

Henan: Many construction sites and mixing stations are limited to start construction, and the market demand is weak. At the end of April, some major manufacturers pushed up the cement price by 30 yuan/ton , and then dropped this month.

Southwest

Guizhou: In the second quarter, the kilns were shut down and the market supply was reduced." In the first ten days, the price of cement in Guizhou was raised by 30 yuan/ton , and most enterprises implemented it at 10-20 yuan/ton .

Yunnan: Cement production is limited due to factors such as double control of energy consumption and power limitation. 10-11 Yunnan Pu'er Tea and Xishuangbanna raised the cement price by 20 yuan/ton , and the implementation remains to be observed.

North China

Beijing, Tianjin: The markets in Beijing and Tianjin remain stable at present, the demand for cement has not changed significantly on a month-on-month basis, and the price continues to be stable at a low level.

Shanxi: The real estate market demand is poor. In addition, some enterprises in the region have stopped kilns, and the inventory is running at a high level. At the beginning of the month, Taiyuan, Jinzhong and other places lowered the cement price by 20-30 yuan/ton.

Inner Mongolia: The market demand is not good. Recently, the price of cement in Chifeng, Hohhot and other places in Inner Mongolia has been lowered by 20-40 yuan/ton .

Northwest China

Gansu: Recently, the rainy weather has occurred frequently, and the recovery of market demand in Gansu is limited." Since the first ten days, the price of cement in Jiayuguan and Jiuquan areas has been reduced by about 30 yuan/ton , while the actual transaction price in Pingliang area has dropped by 10-20 yuan/ton .

Xinjiang: After the festival, the demand was general, and Urumqi in Xinjiang dropped slightly by 10-20 yuan/ton .

Qinghai, Ningxia: The cement market fluctuates little, and the price is mainly stable.

Northeast

Market outlook forecast: the current downstream demand is weak, coupled with frequent rainy weather, cement prices are expected to continue this week's weak trend of operation.