With the approaching of the construction peak, the cement market dynamics attract people's attention. In March, the cement market showed a trend of weak supply and demand and price fluctuation under the interweaving of multiple factors.
Specifically, although the climate conditions are suitable for construction, the cement market demand did not rebound significantly as expected in March. The shrinkage of new real estate construction and the shortage of infrastructure funds led to the weak recovery of downstream demand, and the overall performance of the market was weak. The opening of kilns in northern production areas was delayed due to inventory pressure, and the supply in southern production was still limited, so the national cement price index showed a downward trend. In terms of
cost, the decline in the price of thermal coal has eased the cost pressure on the cement industry. The cost reduction is relatively greater than the cement price reduction, and the profit situation of the cement industry is expected to improve in March.
The concrete market is also facing the problems of insufficient new projects and weak demand, and the price index is declining. Real estate sales are sluggish and inventory pressure continues, which is a drag on concrete demand. The sand and gravel market shows the characteristics of limited demand recovery and regional price differentiation.
The market seeks balance in the imbalance of supply and demand, price fluctuation and regional market differentiation. At 3:00 p.m. on April 9, the senior researchers of Cement Big Data Research Institute of China Cement Network will interpret the market changes from the aspects of supply, demand, macro-economy and so on. For more details, please pay attention to the live broadcast of "Sharing Hui · Building Materials Observation" cement network APP video line. Welcome to scan the code and make an appointment for live broadcast.
