On April 12, the National Cement Price Index (CEMPI) closed at 106.01 points, up 1.02% annually and down 24.29% year-on-year. The downstream construction in
the northern region is still general, the demand recovery is less than expected, and the cement price is weak and stable; the shipment in some parts of the southern region has improved, coupled with the long-term low price operation, the enterprise has a strong willingness to raise prices. Generally speaking, the recovery of demand is limited, but driven by the general rise in the Yangtze River Delta region, the national cement price has stopped falling and turned to rise.
Regionally, the six regions were mixed on April 12. Rainy weather prevails in the central and southern regions, and the cement price drops by 2.56%; the construction in the northwest region is not good, and the cement price drops by 0.02%; the demand in the east China region picks up, and the cement price rises by 3.38%; the shipment in the southwest region improves, and the cement price rises by 1.21%; the quotation in the north China region and the northeast region is temporarily stable, and the cement price has no change compared with last week.
Table 1: Data source of cement price index changes
in six regions: cement big data (< https://data.ccement.com/> >) )
Jiangsu, Zhejiang and Shanghai in East China
: driven by the rising price of clinker around Chaohu Lake, enterprises in Jiangsu, Zhejiang and Shanghai have strong willingness to raise prices. From the 10th, Zhejiang Hangjiahu Shaoxing, Jiangsu Suxichang and Shanghai raised the price of all kinds of cement by 30 yuan/ton, and from the 11th, Huaian, Yancheng, Yangzhou, Taizhou, Nanjing, Zhenjiang, Suqian, Lianyungang and other places raised the price of all kinds of cement by 20-30 yuan/ton, the implementation remains to be observed;
Anhui: The weather in Anhui is mostly fine, and the demand has picked up compared with the previous period. Since the 11th, Hefei, Chuzhou, Anqing, Lu'an and other places have raised the price of high-standard bulk cement by 30 yuan/ton, and the specific implementation remains to be observed.
Jiangxi: The implementation of the price increase in Ganzhou area of Jiangxi Province was not good in the early stage. Recently, the market demand and sales volume have increased slightly. Since the 9th, the cement price in Ganzhou and Ji'an areas has been raised by 10-20 yuan/ton, and the implementation remains to be observed.
Fujian: Demand has not recovered significantly, coupled with the implementation of off-peak kiln shutdown in the first quarter is not in place, Quanzhou, Fuzhou, Longyan and other places to reduce cement prices by 10 yuan/ton. Henan
in central and southern China
: Recently, some clinker line enterprises in Henan have begun to implement off-peak kiln shutdown. In addition, driven by the rising price of clinker in the surrounding areas, the cement price was raised by 30 yuan/ton on the 11th. The implementation remains to be observed.
Hubei: Driven by the rising prices in the surrounding markets, the price of cement in Wuhan, Hubei has been raised by 30 yuan/ton since the 11th. Whether the increase can be implemented as scheduled remains to be tracked.
Hunan: Affected by the overcast and rainy weather, the demand and sales volume in Hunan area is not good, and the price in Changsha-Zhuzhou-Xiangtan area has declined.
Guangdong: mainly overcast and rainy weather, general demand and sales, Guangdong Pearl River Delta, Zhanjiang region to reduce the price of bulk cement 15-20 yuan/ton.
Guangxi: Due to the overcast and rainy weather and the holidays in March and March, the market demand in Guangxi is low, and the cement price has not changed significantly for the time being.
Chongqing: In the early stage, the main city market of Chongqing continued to reduce the price, the cement price was in a low-lying state, and the enterprises were under great pressure. From 10 to 11, the main city market raised the cement price by 30 yuan/ton, and the surrounding western Chongqing area raised the price by 20 yuan/ton. Whether the increase can be implemented remains to be seen.
Sichuan: The price of bagged cement of individual enterprises in Chengdu market has been reduced by 30 yuan/ton, which has little impact on the overall market for the time being.
Yunnan: The price of cement in Pu'er and Xishuangbanna in Yunnan failed to rise in the early stage. Since the 11th, the price of cement in the two places has been raised again by 20-30 yuan/ton. The implementation remains to be observed.
Guizhou: Tongren, Qiandongnan region raised the price of cement around 20 yuan/ton, the demand is still low, it is expected that the price increase is difficult to implement.
North China
Hebei: Baoding area by Tangshan export cement impact, 11 cement prices fell 10-15 yuan/ton loose.
Shanxi: slow demand growth, coupled with coal and other raw material prices fell, cement prices fell 20-50 yuan/ton.
Beijing, Tianjin, Inner Mongolia: a small increase in market demand, enterprise offer temporarily stable. Xinjiang,
Northwest China
: the market started one after another, the overall demand recovery was not up to expectations, and the quotation in Aksu and Yili regions dropped by 10-20 yuan/ton compared with the previous year.
Gansu, Qinghai and Ningxia: The market demand is weak, and the cement price is weak and stable.
Shaanxi: The actual transaction price of cement in Guanzhong area shows signs of loosening and declining by 10-20 yuan/ton, some of which have fallen below the level before February's rise, and the specific situation remains to be tracked. The
demand in Northeast China is still low, the price increase in Changchun, Jilin failed to be implemented at the beginning of the month, the cement price in Liaoning is close to the cost line, and the operation pressure of enterprises is high.
Market outlook forecast: demand recovery is not good, the foundation for price increases in some areas is not solid, and cement price shocks are expected to be weak this week (4.15-4.19).
