China Cement Net, the price increase is basically implemented. There are three main reasons for the price increase: first, during the dry season of the Xijiang waterway, the shipping is limited, and the entry of foreign low-priced cement is reduced; second, the inventory pressure of local enterprises is small, and the willingness to increase the price is strong; third, the demand for cement has increased due to the rush of construction sites.
"The cement market in Guangdong is still not very good this year." A person in charge of a cement sales outlet in Guangdong told China Cement Network.
According to China Cement Network, Guangdong is a province with large cement production capacity. Data from China Cement Network show that in 2023, Guangdong's clinker production capacity reached 0.15 million tons 10777, ranking second in the country, second only to Anhui Province. In the region, there are large enterprises with strong strength, such as Conch Cement, China Resources Cement, Taiwan Cement, Tapai Cement and Zhongnan Cement. Since April, the price of cement in Guangdong has continued to decline, reaching a low point in September, due to the factors such as "fierce fighting" and "fierce fighting" in the Guangdong market in
2023, the decline of real estate situation and the shortage of infrastructure funds. In October, with the arrival of the construction season, the Guangdong market gradually returned to rationality, and cement prices bottomed out.
In response to the trend of the cement market in 2024, an enterprise told China Cement Network that whether the market can recover depends mainly on two factors: supply and demand. On the supply side, it depends on whether the problem of overcapacity can be controlled. On the demand side, it depends on the landing of infrastructure projects. The company predicts that the industry situation will remain grim next year. Some people in the cement industry
also said that the imbalance between supply and demand in the cement industry will not be fundamentally alleviated in 2024, and the industry needs to strengthen coordination and self-discipline, strengthen confidence, and jointly promote the healthy development of the cement industry.
