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

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

CEMPI

102.17

-0.02 -0.02%

CONCPI

92.33

-0.57 -0.61%

CLKPI

103.97

0.00 0.00%

SPPI

44.88

0.00 0.00%

MORPI

75.16

-0.30 -0.40%

Congratulations to CNBM, Conch Group and Red Lion Holdings on the list of Top 500 Chinese Enterprises! (Complete list attached)

Among the top 500 Chinese enterprises in 2025, the number of enterprises with revenue exceeding 100 billion yuan was 267, an increase of 14 over the previous year, and the proportion of 100 billion yuan enterprises reached 53.4%. In 2024, the "Top 500" enterprises achieved a business income of 110.15 trillion yuan, and the total scale maintained a growth trend compared with the previous year; the average R & D intensity of the listed enterprises increased for 8 consecutive years, reaching a new high of 1.95%; the number of state-owned enterprises and private enterprises maintained a basically balanced pattern, with 251 and 249 respectively.