Cement Network Weekly Report: Cement Prices in Some Areas of East China Begin to Resume (7.29-8.2)

2024-08-02 16:30:32

According to the data center of China Cement Market, due to the low ex-factory prices in various regions, some regions began to resume pricing this week.

According to the data center of China Cement Market, due to the low ex-factory prices in various regions, some regions began to resume pricing this week. Prices have been raised in some parts of Zhejiang, but inventory pressure and weak demand make the effect of price increases doubtful. Jiangsu is affected by high temperature, demand is sluggish, some areas reduce prices to stimulate sales, while Xuzhou area slightly increases. Anhui tried to raise prices driven by the surrounding prices, but the market reaction was flat. After Shandong staggered peak and stopped kilns, demand was insufficient, and some enterprises cut prices to increase shipments. Fujian market demand is general, but under the pressure of cost, enterprises plan to push up prices. Jiangxi has raised prices due to rising raw material costs, but prices in some areas are stable.

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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.