Off-season impact continues in August, cement demand continues to bear pressure

2024-08-07 14:09:46

In August, the market outlook was weak, inventory pressure increased, demand was low..

In August, with the continuous high temperature weather, the influence of off-season is still the same, the domestic demand for cement continues to bear pressure, and the market situation of sand, concrete and other related fields is also not optimistic. In terms of

cement, the cement market in July was affected by high temperature, rainy weather and regional supply and demand differences, and the price rose first and then declined. The cost of coal increased slightly, but the cost of cement production decreased, and the profit situation of the industry is expected to improve. Interregional differentiation is obvious, the price of cement in Northeast China has increased significantly due to peak staggering and kiln shutdown, while the price in Southwest China has decreased significantly due to rainfall. In August, the market outlook is weak, inventory pressure is increasing, demand is low, and prices are expected to continue to oscillate downward. In terms of

sand and gravel, the supply and demand of sand and gravel market was weak in July, and the price showed a downward trend. The price index of gravel and machine-made sand in China has fallen both on a month-on-month and year-on-year basis, especially in the southern region, where demand has declined significantly and prices have weakened. The performance varies from region to region, with prices rising in North China due to environmental control, while prices in East China, Central South and Southwest China generally declined due to weak demand due to high temperature and rainy weather. Looking forward to August, the summer weather will continue, the downstream demand will be difficult to improve, and the price of sand and gravel will continue to weaken. In terms of

concrete, the concrete market continued to be depressed in July, especially in the northwest and north China. High temperature and rainy weather restricts construction, new projects are insufficient, market demand is reduced, while upstream raw material prices fall, cost support is weakened. In August, the market is expected to remain weak, the contradiction between supply and demand is prominent, and the price index may continue to decline. The profit margin of the industry has narrowed, and enterprises are facing greater operating pressure. The senior researchers of Cement Big Data Research Institute of

China Cement Network will interpret the market changes from supply, demand, macro-economy and other aspects. For more details, please pay attention to the live broadcast of this Friday's "Sharing Hui · Building Materials Observation" cement network APP video line. Welcome to scan the code and make an appointment for live broadcast.

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Correlation

This article is selected from Song Zhiping's book "Reform Heart Road", which describes his motivation and effect of restructuring cement in those years, and has been published by China Cement Network. Recently, there has been a call for restructuring and mergers and acquisitions in the cement industry. Reviewing this old article may have the effect of reviewing the old and learning the new, encouraging the industry to promote a new round of restructuring, and solving the persistent problems of the industry.