Raising the price of bagged cement by 20 yuan/ton in Guangxi ushered in the first rise in the year

2024-02-20 16:48:37

Corporate profits have fallen sharply compared with previous years, and the willingness to raise prices is strong.

According to China Cement Network Market Data Center, since February 17, most leading enterprises in Guangxi have notified an increase in the price of bagged cement by 20 yuan/ton, and some enterprises have simultaneously increased the price of clinker by about 20-30 yuan/ton. What is the specific implementation? China Cement Network has investigated some cement enterprises in Guangxi.

"Bagged cement has risen by 20 yuan/ton, which seems to have been basically implemented at present." A cement company in Nanning told China Cement Network, "Last year, we did not make money, and everyone has expectations."

According to China Cement Network, in 2023, the cement market in Guangxi had a very difficult year. On the one hand, affected by the slowdown in the growth of infrastructure investment and the slow recovery of the real estate industry, the demand for cement in the Greater Bay Area shrank. On the other hand, the new production capacity in Guangxi continued to be released, and another 3.255 million tons of clinker production capacity were put into operation in 2023, with the total clinker production capacity reaching the 10649 of 0.12 million tons. The huge new production capacity has caused a great impact on the whole Guangdong and Guangxi markets. Under such circumstances, in 2023, the average price of cement in Guangxi declined seriously, compared with 2022, the decline was about 100 yuan/ton, the profit of enterprises declined sharply compared with previous years, and the willingness to raise prices was strong. High

coal prices are also a major reason for this round of price increases. Coal is the main fuel in the process of cement production, and its cost accounts for 50% ~ 55% of the cost of cement clinker. The fluctuation of coal price has a direct impact on the cost of cement. "Now the price of coal entering the factory is about 1200 yuan/ton to 1300 yuan/ton." A cement company in Chongzuo told China Cement Network. The cost is too high

now. The ex-factory price of some cement enterprises in Guangxi has been close to the cost price or even lower than the cost price, hovering on the edge of loss. A person in the cement industry said, "This wave of price increases can also be said to stop falling."

In addition, it is reported that the leading enterprises plan to follow up after the Lantern Festival to raise the price of bulk cement by 20 yuan/ton, and the specific situation needs to be tracked.

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Correlation

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.