According to the data center of China Cement Market, the price of bulk cement in eastern Guangdong has been raised recently.
According to the feedback from the market, about 60% of the enterprises in eastern Guangdong delivered goods, the inventory was under high pressure, and the enterprises were under great pressure. Some local enterprises planned to shut down their kilns for 10 days in September. Since September 11, leading enterprises in Meizhou, Chaoshan and other areas in eastern Guangdong have notified an increase in the price of bulk cement by 15 yuan/ton, and the price of bagged cement has been temporarily stable.
Local enterprises said that the overall market demand is still weak, the price adjustment is mainly due to the early cement prices generally fell to a low level, the enterprises have a strong willingness to raise prices.
This increase may have the effect of stopping the fall, and the actual implementation remains to be observed.
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