Weekly Report of Cement Net: Staggered Kiln Shutdown in Northeast China Fails to Boost Prices, Low Market Demand May Cause Price Decline (8.5-8.9)

2024-08-09 16:45:29

Northeast China is implementing the policy of off-peak kiln shutdown in August according to the established plan. In this context, cement manufacturers have no plans to further raise prices, so the market quotation remains stable. However, the demand for cement in Liaoning has been reduced due to frequent precipitation in the rainy season recently. Although the cement price of large factories is still at a high level, the overall demand is low, which may have a volatile impact on future prices.

At present, the northeast region is steadily pushing forward the measures of peak staggering and kiln shutdown in August. In terms of cement producers, there is no trend of price increase for the time being, and the market quotation remains stable. Recently, the Liaoning region has been frequently disturbed by the rainy season, and the construction has been blocked, which indirectly leads to the decline of cement demand. Although large cement enterprises, by virtue of their market position, maintain strong prices and show strong market adaptability, the current situation of weak overall demand still brings uncertainty to the market, which may affect the future price trend.

All can be viewed after purchase
Correlation