Weekly Report of Cement Net: Prices Fall in Many Places in East China (8.12-8.16)

2024-08-16 16:37:36

Due to the rainy weather in Zhejiang, the market demand is general, and the shipment volume is about 6-7%. In order to promote sales, some manufacturers reduce the price of cement, and try to push up the price to enhance market confidence, but the actual implementation remains to be observed. The overall market demand in Jiangsu has not improved significantly, with shipments hovering at 4-6% of normal production capacity. Manufacturers in southern Jiangsu have reduced prices for promotion, while the markets in northern and central Jiangsu are expected to face a downward trend.

According to China Cement Market Data Center, the cement markets in Zhejiang, Jiangsu, Anhui, Shandong and Fujian are facing challenges to varying degrees in the near future. Due to the impact of rain weather in

Zhejiang, the market demand is general, the shipment volume is about 6-7%, and some manufacturers reduce the price of cement in order to promote sales. The overall market demand in

Jiangsu has not improved significantly, with shipments hovering at 4-6% of normal production capacity. Manufacturers in southern Jiangsu have reduced prices for promotion, while the markets in northern and central Jiangsu are expected to face a downward trend. Demand

in Anhui continued to be depressed, clinker inventory was high, clinker prices along the Yangtze River declined, cement prices continued to be lowered in some areas, and the market competition was strong. With the efficient operation of clinker production lines

in Shandong and the accumulation of inventory, the market price was slightly lowered, and the price of high-grade bulk cement in Jinan, Zaozhuang and other places was under pressure. Major enterprises in

Fujian have raised the price of cement, but the recent rainy weather has increased, the market demand is not good, the shipment volume of enterprises is low, and the follow-up price maintenance situation remains to be seen. Cement prices in

Jiangxi are now stable after rising at the end of July, and the shipments of many enterprises remain at about 5-6% of the normal level.

On the whole, under the pressure of weak demand and inventory, prices have fallen in many places in East China.

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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.