Many cement enterprises have lost hundreds of millions of yuan! What is the real demand? Which cement enterprises can survive?

< Market Overview & gt;

1. The price of cement in Chongqing continued to fall

. After the leading enterprises in Chongqing lowered the price of cement by 15-30 yuan/ton in the main city and western Chongqing around 10 days, they continued to lower the price of cement by 20 yuan/ton recently, while the rest of the market quotations remained stable for the time being. 2

. Volume and price fell, Hebei cement enterprises chose to "lie flat" into the

traditional off-season in July, affected by the rain weather, the market demand in Xingtai and Handan areas of Hebei was not good, the shipment volume of enterprises was not high, and the inventory was running at a high level. Recently, some major manufacturers in Xingtai and Handan areas of Hebei have notified that the price of cement has been lowered by about 20 yuan per ton. "The ex-factory price of cement is basically hovering at the cost line." A cement enterprise in Hebei said.

< Today's Focus >

1. < nbsp; Danger! Many cement enterprises have lost hundreds of millions of yuan! Whether the second half of the year can be reversed

according to the performance forecast of various enterprises, the main reasons for the decline in the performance of the cement industry in the first half of the year are the insufficient release of demand and the decline in cement prices. Recently, a number of listed companies in the cement sector have disclosed the forecast of the interim report. Overall, the situation in the first half of the year was not objective. The net profit of cement enterprises generally fell year-on-year, and many of them suffered losses.

2. [Comments] In the first half of 2023, cement production increased by 1.3%. What is the real demand?

From the data point of view, cement production in the first half of this year is growing, it seems that cement demand is better than same period, but in fact it is the opposite. Li Kunming of Cement Big Data Research Institute made an in-depth analysis of the differences in data statistics, weak downstream demand and increased efforts to stagger the peak. It is expected that the demand for cement in the second half of the year will be difficult to show a bright performance under the bottom-grinding state of real estate investment, and the demand for cement may be weaker than that in the same period.

3. Cement production decreased by 24 million tons in the first half of the year. Why did it still increase year-on-year? In the first half of

last year, the output was 976.82 million tons, and in the first half of this year, the output was 95300 million tons. This year's output has decreased by 24 million tons compared with last year. Why did it increase by 1.3% over the same period last year? The list of industrial enterprises above the scale is different every year, which leads to the inconsistency of the caliber range of the current data in each year. If we simply compare the actual statistical data of two years, there is incomparable caliber. In the first half of 2023, cement production decreased by 24 million tons, down 2.44% from the same period last year.

4. Everyone is playing the "Ming card", which cement enterprises can survive? Reasonable

market layout, excellent mine resources, low production costs, low assets and liabilities, perfect industrial chain, of course, the premise is to meet the environmental protection standards. In addition, in view of the future economic development trend, the cement industry will inevitably enter the era of regional oligopoly in the future, eventually forming a regional core market divided by multiple enterprises, forming a balanced situation.