Cement Network Video: Zhang Xiaohua believes that domestic cement demand will drop by about 10% in 2024, and half of the production capacity will need to be shut down.

2024-08-01 11:21:26

Outage methods include: first, low-price competition forces high-cost enterprises to passively shut down due to losses; second, active shutdown through off-peak production to maintain industry profits.

Zhang Xiaohua predicts that cement demand will drop by about 10% in 2024, and the utilization rate of production capacity will drop to about 50%, and will decline year by year. In response, about half of the cement industry's production capacity needs to be shut down. Outage methods include: first, low-price competition forces high-cost enterprises to passively shut down due to losses; second, active shutdown through off-peak production to maintain industry profits.

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Correlation

Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.