Cement Network Weekly Report: Cement Price Recovery in the Pearl River Delta Region in Central South China Raised by 10-15 yuan/ton (7.29-8.2)

2024-08-02 17:16:26

According to the China Cement Network Market Data Center, the price of cement in the Pearl River Delta region of Guangdong in central and southern China has recovered by 10-15 yuan/ton, and the quotation in Guangxi is temporarily stable. Prices in some areas of the two lakes have fallen in the early stage, and the overall market is mainly stable this week.

According to the China Cement Network Market Data Center, the price of cement in the Pearl River Delta region of Guangdong in central and southern China has recovered by 10-15 yuan/ton, and the quotation in Guangxi is temporarily stable. Prices in some areas of the two lakes have fallen in the early stage, and the overall market is mainly stable this week. Since August 1, some major enterprises in Guangdong have notified the Pearl River Delta market to raise cement prices, and this round of price increases is mainly aimed at making up for the previous price drop. Cement prices in Guangxi have stabilized as a whole, and major enterprises in the province plan to implement off-peak kiln shutdown in August, and intend to continue to try to raise prices. Affected by the continuous high temperature in Hubei, the market demand is weak, and the overall market is stable and weak. Recently, the temperature in Hunan is relatively high, the market demand is weak, and the price of cement in some areas has fallen. Due to the overcast and rainy weather and high inventory in Henan, the price of cement has been lowered. Due to the impact of rainy weather and foreign low-price cement in Hainan, the market competition is fierce. In order to increase sales, leading enterprises continue to reduce cement prices.

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In recent years, due to the influence of capital factors, the number of suspended and delayed construction projects has increased significantly, which has dragged down the demand of cement market. In 2025, with the support of a more active fiscal policy, some projects may be restarted, bringing a certain increase in demand for the cement industry.