In the last two years, coal prices have remained high, breaking the 1000 yuan mark, so far has not been reduced, cement enterprises are under tremendous pressure on production costs. A few days ago, the price of thermal coal finally appeared to loosen substantially, but the cement enterprises could not laugh.
According to the data monitoring of China Cement Network, the price of thermal coal in May dropped by 21% year-on-year, nearly 270 yuan year-on-year. Zheng Jianhui, a senior analyst and director of China Cement Network Cement Big Data Research Institute, said the fall in power coal prices reflected weak demand in downstream industries such as steel and cement. & nbsp; & nbsp;
China Cement Network learned that recently, there were more rainy weather in the whole country, the shortage of funds in some areas was still prominent, the downstream construction progress slowed down, the market demand was tepid, and the overall performance was weak. On the supply side, many places carried out peak staggering and kiln shutdown, and the supply contracted slightly. Generally speaking, the supply and demand of cement market is still loose, manufacturers continue to accumulate, and the market competition is fierce.
The National Cement Price Index (CEMPI) showed that as of June 9, it closed at 123.22 points, down 1.8% annually and 19.21% year-on-year. It has continued to fall since April. The producer price index (PPI) released by the
National Bureau of Statistics in May shows that the year-on-year decline in the PPI of building materials this year is narrowing month by month. Among them , the year-on-year decline of cement, sand aggregate and other products is close to or more than 20%, the decline is still very large , and the price of commercial concrete related to real estate is almost unilateral decline this year. Will the PPI of cement and other building materials industries continue to decline in the
future, and when will it rebound from the bottom? On Wednesday, Zheng Jianhui will make an in-depth analysis of the PPI trend of the building materials industry in the live broadcast of the "Sharing Hui Building Materials Weekly Talk" cement network APP video line.
In addition, Li Kunming, a cement analyst of China Cement Net · Cement Big Data Research Institute, and Zhu Xiaoyun, a sand and gravel analyst, will also conduct in-depth analysis and discussion on the recent market development trend of the cement industry and the sand and gravel industry in the live broadcast. & nbsp; & nbsp;
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