Cement prices in the Pearl River Delta region of Guangdong have declined.

2024-05-09 13:59:12

Around May 1st, some manufacturers in the Pearl River Delta region of Guangdong loosened and lowered the price of cement by about 10-20 yuan/ton.

China Cement Network Market Data Center News: The recent continuous rain weather in Guangdong, the market demand performance is weak, enterprise shipments in general, coupled with the impact of foreign low-cost cement, local enterprises inventory pressure. In order to seize the off-season market share, some manufacturers in the Pearl River Delta region of Guangdong Province loosened and lowered the cement price by about 10-20 yuan/ton around May 1. Other enterprises in the region follow up with a larger downward expectation.. (more Guangdong cement prices )

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Correlation

Recently, the overall domestic demand has declined steadily, coupled with the weakening of local cost support, and the price of concrete has been stable and small. From November 14 to November 20, the national concrete price index closed at 112.35 points, down 0.13% annually and 10.08% year-on-year.