Notice of cement price increase in Wuhan, Hubei

2024-04-11 14:32:37

Since November 11, some major enterprises in Wuhan have notified an increase of 30 yuan/ton in cement prices.

China Cement Net Market Data Center News: According to market feedback, driven by rising prices in the surrounding market, coupled with relatively low cement prices in Wuhan , Hubei , enterprises in the region have a strong willingness to raise prices. In order to improve profitability, some major enterprises in the region notified an increase in cement prices by 30 yuan/ton on the 11th, while the rest of the enterprises were mostly in a wait-and-see state. Overall, the market demand performance is general, and whether the increase can be implemented as scheduled remains to be tracked. (More Hubei cement prices)

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Correlation

CEMPI

133.85

0 0%

CONCPI

112.35

-0.15 -0.13%

CLKPI

141.95

0.00 0.00%

SPPI

50.58

-0.05 -0.10%

MORPI

80.53

+0.10 +0.12%

This winter and next spring, the water volume of Xijiang River is 1-3% less, which may affect the transportation of gravel and cement.

According to the forecast of the meteorological and hydrological department, the natural inflow of Xijiang and Beijiang rivers in the Pearl River Basin this winter and next spring is 10 to 30% less than that in normal years. Xijiang River is the core route for the export of gravel, cement, machine-made sand, stone powder and other materials from Guangxi to Guangdong. Taking the core Changzhou Lock on the Xijiang River as an example, in 2023, there were 61889 ships passing through the lock, and the cargo volume passing through the lock was 6800 tons 14203, with a year-on-year increase of 2.05% and 13.71% respectively. The main types of cargo were gravel, cement and stone powder, accounting for 40%, 15% and 12% of the cargo volume passing through the lock.