[Video] Continue to Reduce 20-30 yuan/Ton, the Market Situation in Guangdong Is Severe

2023-06-09 16:15:02

Following the reduction of cement prices in May, the Pearl River Delta region has recently continued to reduce cement prices by about 20-30 yuan/ton.

China Cement Net Market Data Center News: According to market feedback, the rainy weather is frequent, the market demand and sales are weak, coupled with the constant impact of low-priced cement in the periphery, the sales pressure of local enterprises in Guangdong is increasing. Following the reduction of cement prices in May, the Pearl River Delta region has recently continued to reduce cement prices by about 20-30 yuan/ton.

In addition, from the end of May to the first ten days of June, leading enterprises in Meizhou and Chaoshan in eastern Guangdong reduced cement prices by 10-15 yuan/ton. At present, some enterprises in Guangdong are still stopping kilns, but the overall inventory is generally at a high level, and the market situation is more severe.

At present, the downward trend of cement demand is prominent, energy prices remain high, costs remain high for a long time, and profit compression has become the norm. Improving energy efficiency and reducing cost pressure have become the key breakthrough points for cement enterprises to enhance their comprehensive strength and market competitiveness.

China Cement Network will hold the "2023 China Cement Energy Conservation and New Energy Development Conference" in Chongqing on July 6-7, 2023. Explore new ways of energy saving and consumption reduction in cement industry.

After the meeting, we will visit Oriental Hope Chongqing Cement .

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Following the reduction of cement prices in May, the Pearl River Delta region has recently continued to reduce cement prices by about 20-30 yuan/ton.

2023-06-09 16:15:02

In the first half of 2026, the total revenue of Red Lion Group was 14.988 billion yuan, down about 8.57% from the same period last year, and the net profit loss attributable to the shareholders of the parent company was 808 million yuan, compared with 597 million yuan in the same period last year.