Cement Weekly: Cement Prices Continue to Decline in Parts of Northwest China (7.29-8.2)

2024-08-02 16:39:35

According to the cement network market data center news, Ningxia prices continue to decline; Shaanxi region recently due to the contradiction between supply and demand and price competition led to a larger price reduction.

According to the cement network market data center news, Ningxia prices continue to decline; Shaanxi region recently due to the contradiction between supply and demand and price competition led to a larger price reduction. The recent weak performance of the cement market in Ningxia has led to increased inventory pressure and intensified market competition, resulting in price chaos. The off-peak production plan for August has not yet been determined, and the oversupply may put pressure on prices. The price of cement in Guanzhong area of Shaanxi Province has dropped sharply due to the low demand, and the market situation is grim. Due to the implementation of the new national standard and the demand of engineering projects in Gansu, Qinghai and Xinjiang, some enterprises have raised the price of cement, and the market is being adjusted.

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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.