Guangdong Cement Industry Association Proposes: No Price War, No Share Competition

2024-08-12 17:01:27

In order to prevent the vicious competition of "involution", restore the fragile situation of ecological construction of cement industry in Guangdong Province, promote enterprises to regain confidence, overcome difficulties and challenges, and regain confidence in steady growth, we propose to all member enterprises to organize production activities in accordance with market demand, actively control the quantity from both ends of production and marketing, reduce the quantity with the trend, and not fight price wars. To achieve "volume reduction without profit reduction" or "volume reduction with profit increase".

Recently, the Guangdong Cement Industry Association issued a proposal to jointly resist the "vicious competition of involution" and promote the new quality development of the industry, saying that in order to prevent the "vicious competition of involution", restore the fragile situation of the ecological construction of the cement industry in Guangdong Province, promote enterprises to regain confidence, overcome difficulties and challenges, and regain confidence in stable growth. We propose to all member enterprises to organize production activities according to market demand, actively control the quantity from both ends of production and marketing, reduce the quantity, do not fight price war, do not compete for share, and achieve "quantity reduction without profit reduction" or "quantity reduction with profit increase" by strengthening supply-side control.

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Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.