According to the China Cement Market Center, after the National Day holiday, driven by the recovery of market demand and the high cost of raw materials, cement prices in many regions have risen.
According to market feedback, in late September, major enterprises in the Pearl River Delta region of Guangdong notified an increase in cement prices by about 30 yuan per ton, but the implementation was not good. After the National Day holiday, the market demand has recovered, and the shipments of enterprises can reach about 6-7%. In addition, enterprises are under great pressure to operate and have a strong willingness to raise prices.
From November 11 to December 12, some major manufacturers in western Guangdong and the Pearl River Delta region again notified an increase in the price of bulk cement by about 20-30 yuan/ton, and the specific implementation remains to be seen.
According to market feedback, the cost of cement production is increasing due to the high cost of coal and the strengthening of environmental protection control. In order to improve the business situation, the leading cement enterprises in Shijiazhuang, Hebei, once again pushed up the cement price by 50 yuan/ton on the 9th.
It is reported that the surrounding Xing Han area also has the will to follow the rise. However, the current market demand has not improved significantly compared with the previous period, coupled with the severe environmental protection situation, the implementation of this push needs further follow-up observation.
Hubei
According to the market feedback, the cost of cement production in eastern Hubei has been rising recently due to the continuous rise in raw material prices. In addition, under the influence of the traditional peak season of gold, silver and ten, enterprises have a strong willingness to raise prices. Affected by this, after raising the cement price by 30 yuan/ton at the end of September, the eastern Hubei region plans to push up the cement price by 30 yuan/ton again on October 10. At present, the overall demand is still poor, and the specific implementation remains to be observed. According to the feedback from the market
in Jiangxi
, in the traditional peak season of gold, silver and ten, the demand and sales have improved slightly compared with the previous period, coupled with the impact of off-peak kiln shutdown, enterprises have a strong intention to raise prices. On the 8th, enterprises in northeastern Jiangxi, Nanchang, Yichun, Ganzhou and other places again notified an increase in cement prices by 20-30 yuan/ton. At present, demand and sales are not good, and the implementation of specific price increases still needs further observation.
For the market outlook in October, the Cement Big Data Research Institute said:
On the demand side, the favorable policies of real estate and finance are frequent, coupled with the accelerated allocation of special debt funds, the downstream construction activities will be strengthened, and the terminal demand is expected to continue to improve. On
the supply side, affected by the overall weakness of demand, high inventory pressure is highlighted, many regions continue to promote peak staggering production, and the supply side is expected to be relatively stable.
To sum up, the improvement of demand in October is limited, and the price increase in some areas around the National Day is too large, so it is difficult to maintain the follow-up. It is expected that the cement price will show a slightly stronger trend in October.
