On February 2, the National Cement Price Index (CEMPI) closed at 107.82 points, down 1.02% annually and 20.91% year-on-year. Some areas in
the north are experiencing rain, snow and freezing rain. In addition, the construction sites are suspended for holidays as the Spring Festival is approaching, and the cement sales continue to decline. As the Spring Festival is approaching, most construction sites and mixing stations in the south are suspended, and the terminal demand continues to weaken. Generally speaking, the national cement price continues to be weak. Trend of
cement price index (point)
Data source: Cement Big Data (https://data.ccement.com/)
Specifically:
East China
Jiangsu, Zhejiang, Shanghai and Anhui: 0 HTML 0 UN K9 has recently carried out year-end closing work in Jiangsu, Zhejiang, Shanghai and Anhui markets, and the terminal demand is low. In order to promote sales and reduce inventory, the actual transaction prices of some major manufacturers in Jinhua, Quzhou, Lishui, Ningbo, Wenzhou and Taizhou in Zhejiang Province were loosened by 0 HTML 0 UNK1 0 and decreased by 10-15 yuan/ton 0 HTML 0 UNK1 1, while the prices of cement in other areas were stable. It is reported that after the end of the Spring Festival holiday, in order to increase market sales, there will be a new round of price reduction expectations. 0 HTML 0 UNK1 2 Shandong: 0 HTML 0 UNK1 3 The recent rain and snow weather in Shandong, the market ahead of schedule, coupled with the arrival of the Spring Festival holiday, demand is basically zero. In terms of cement prices, the quotations of leading enterprises around the country were temporarily stable during the week, in preparation for the resumption of work in the first year to push up prices. 0 HTML0 UNK1 4 Jiangxi: 0 HTML0 UNK1 5 Cement prices in Jiangxi remained stable this week. Affected by the recent rainy weather and other factors, the overall demand was weak. 0 HTML0 UNK1 6 North China 0 HTML0 UNK1 7 Beijing-Tianjin-Hebei: 0 HTML0 UNK1 8 Cement prices were mainly stable this week. As the Spring Festival approached, construction sites were suspended for holidays, cement sales continued to decline, and price changes before the festival were of little significance. 0 HTML 0 UNK1 9 Shanxi, Inner Mongolia: 0 HTML 0 UNK2 0 The market is over and prices are stable. 0 HTML0 UNK2 1 Central-South 0 HTML0 UNK2 2 Hubei: 0 HTML0 UNK2 3 Cement prices in Hubei were mainly stable this week. Recently, the weather has improved, and some construction sites have been rushing to work. But overall, the demand for cement in Hubei is weak and stable, and it is expected that the demand will basically end before the Spring Festival. 0 HTML0 UNK2 4 Hunan: 0 HTML0 UNK2 5 Affected by factors such as snowfall and rainfall, more construction sites were shut down, the sales volume was still low, the market demand in Hunan was slowly declining, and the price of cement in the region was stable this week. 0 HTML0 UNK2 6 Guangdong: 0 HTML0 UNK2 7 At present, most of the construction sites and mixing stations in the province have been suspended for holidays, and the demand for cement has gradually stagnated. There is still a small amount of demand in the market of Foshan and 0 HTML0 UNK2 8 Qingyuan Cement 0 HTML0 UNK2 9. It is expected that the construction sites and mixing stations will be suspended for holidays in early February. In terms of cement prices, enterprises mainly stabilize prices, with no intention of price adjustment for the time being, and the overall market is relatively stable. 0 HTML0 UNK3 0 Guangxi: 0 HTML0 UNK3 1 The rainy weather continues recently, and the Spring Festival is approaching, most of the construction sites and mixing stations are shut down, the terminal demand continues to weaken, the local cement demand is only about 30% of the normal level, basically entering a stagnant state, most of the 0 HTML0 UNK3 2 clinker 0 HTML0 UNK3 3 line kiln shutdown, Overall inventory is under pressure. In terms of cement price, the sales volume of enterprises is maintained at about 2-3%. In addition, the price of cement in various regions has dropped to a relatively low level. In the short term, the price of cement in Guangxi is mainly stable. It is expected that the market demand will basically end in early February. 0 HTML 0 UNK3 4 Southwest China 0 HTML 0 UNK3 5 Sichuan and Chongqing: 0 HTML 0 UNK3 6 As the Spring Festival approached, construction sites were suspended one after another, workers returned home ahead of schedule, the market demand in Sichuan and Chongqing further shrank, and the number of new orders decreased. In terms of cement price, since the middle of January, the price of 0 HTML 0 UNK3 7 in both places has been reduced by 20-30 yuan/ton 0 HTML 0 UNK3 8, and there is no significant fluctuation in the week. It is expected that the price will be stable before the festival. 0 HTML 0 UNK3 9 Yunnan and Guizhou: 0 HTML 0 UNK4 0 In the low season of the market, most of the construction sites and mixing stations have been shut down, and the market demand and sales in Yunnan and Guizhou regions have declined significantly. At present, enterprises have successively stopped kilns at staggered peak, and cement prices tend to be stable. 0 HTML0 UNK4 1 Northwest China 0 HTML0 UNK4 2 Northwest China: 0 HTML0 UNK4 3 The region is experiencing rain, snow and freezing rain. In addition, the Spring Festival is around the corner, most construction sites are closed for holidays, the market demand is ending, and the cement price is mainly stable in the off-season. 0 HTML0 UNK4 4 Northeast China 0 HTML0 UNK4 5 Northeast China: 0 HTML0 UNK4 6 The market is almost at a standstill, manufacturers are on holiday, construction sites are shut down, and prices are difficult to change. 0 HTML 0 UNK4 7 Aftermarket Forecast: 0 HTML 0 UNK4 8 The construction of the construction site has basically stopped, and the market in many places has ended. It is expected that the cement price will continue to fluctuate and run weakly next week (2.4-2.7). 0HTML0UNK49
