According to the information from China Cement Market Data Center, in order to improve profitability, enterprises in various regions of Hunan have been notified to raise the cement price by 20 yuan/ton again since October 26.
Previously, according to market feedback, after the leading enterprises in Hunan Province raised the price of cement by 20 yuan/ton on September 20, they continued to notify the price of cement by 20 yuan/ton from 27-28, and again notified the price of all kinds of cement by 20 yuan/ton from October 12.
In addition to the previous three push up, in more than a month, Hunan has pushed up cement prices for the fourth time.
"The implementation of the previous three increases is not in place." A person in charge of a cement enterprise in Liuyang, Hunan, said that the enterprise had implemented three previous increases, but other large enterprises did not follow up the increase, so whether the price can be maintained after the increase remains to be seen. A cement enterprise in Changde,
Hunan, said that the low price of cement in Hunan and the recent rise in coal prices have pushed up the price of cement frequently.
"Walk a little fast." An industry insider in Hengshao, Hunan, said that the rise in coal prices and costs was an important reason for the rise in cement prices.
According to the survey in Hunan, the implementation of the previous three increases varies from region to region, and the overall implementation is 40-45 yuan/ton. From the data tracked by China Cement Network, we can see that although there have been many small increases in Hunan in recent days, cement prices are still at a low level.
"We all lost money in the early stage, so we have a strong desire to raise prices." A local cement enterprise in Hunan said that the loss of cement enterprises in Hunan this year is very large, and everyone wants to seize the critical moment of the fourth quarter to "work hard again".
Generally speaking, the demand for cement in Hunan has not yet recovered significantly, but the price of raw materials has risen recently, the cost of cement production has risen, and some enterprises are in a state of loss, and the pressure of enterprise operation is greater. It remains to be seen how this will be implemented.
With the decline of cement demand and the arrival of the peak of production capacity, the market competition is becoming increasingly fierce, and a cyclical industry shuffle is inevitable. Relying on digital and intelligent technology means, realizing technology and management upgrading, continuously reducing energy consumption, pollutant emissions and carbon emissions, and enhancing the comprehensive competitiveness of enterprises are the key for cement enterprises to meet the challenges.
To this end, China Cement Network will hold the Fifth China Cement Intelligence Summit Forum in Hangzhou on November 29, 2023, with the theme of "Data-Driven Decision-Making Intelligence Leads the Future", inviting industry experts, scholars and representatives of relevant enterprises. To jointly explore and promote the intelligent process of the cement industry.
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