Cement prices in many provinces have been raised! After the Spring Festival, how about the start of the national cement market?

2024-02-26 09:37:09

The current rain and snow weather, the market has not yet started, this week (2.26-3.1) cement prices are expected to remain volatile weak operation.

In the north, the weather is rainy and snowy, and most of the construction sites and mixing stations have not yet started, so the market recovers slowly;

in the south, the temperature is low and the demand is low, but the weather in some areas is good, so the market starts.

Generally speaking, after the Spring Festival, the market has not yet started, and the national cement price trend is weak.

Figure 1: Trend of cement price index (point)

Data source: Cement Big Data (https://data.ccement.com/)

Figure 2: Trend of clinker price index (point) 0 HTM L0 https://data.ccement.com/ 1 Data Source: Cement Big Data (https://data.ccement.com/) 0 HTML0 https://data.ccement.com/ 2 Specifically: 0 HTML 0 UNK1 3 East China 0 HTML 0 UNK1 4 Zhejiang area temperature drops sharply, demand is low, the actual transaction price in coastal areas is loose 0 HTML 0 UNK1 5 down 30 yuan/ton 0 HTML 0 UNK1 6 or so; 0 HTML0 UNK1 7 The temperature in Jiangsu region has become cold in late spring, and the actual transaction price in central Jiangsu region has become loose 0 HTML0 UNK1 8 has dropped by 20-40 yuan/ton 0 HTML0 UNK1 9; 0 HTML0 UNK2 0 Recently, there have been more rainy and snowy weather in Anhui region, the demand for cement is low, the sales volume is not good, and the transaction price of cement in various regions is temporarily stable; 0 HTML0 UNK2 1 Most of the clinker production lines in Shandong are still in a state of shutdown. In order to improve profitability, some enterprises in Jinan began to try to push up the cement price of 20 yuan/ton from 20 days of 0 HTML0 UNK2 2, and the market demand was basically zero. The push ended in failure; 0 HTML0 UNK2 3 Most clinker lines in Fujian are still in a state of shutdown, coupled with the increase in cement prices in the Pearl River Delta, the tentative 0 HTML0 UNK2 4 increase in cement prices by 20 yuan/ton 0 HTML0 UNK2 5; 0 HTML0 UNK2 6 Affected by the recent low temperature and rainy weather in Jiangxi, the demand for cement has not yet started, and the price of cement has remained stable. 0 HTML0 UNK2 7 Central-South Region 0 HTML0 UNK2 8 The two lakes region is greatly affected by the rain and snow weather, the demand recovery is poor, some mixing stations have not yet started, and the cement price has not changed significantly; 0 HTML0 UNK2 9 Affected by the ship lock overhaul in Guangdong, less foreign cement entered Guangdong. In addition, driven by the rising prices in the peripheral markets, from 21-22, except for the eastern part of Guangdong, 0 HTML0 UNK3 0 the prices of cement in other markets in the province increased by 20-30 yuan/ton, and the prices of clinker increased by 10 yuan/ton simultaneously 0 HTML0 UNK3 1. Whether this round of increase can be implemented remains to be seen; 0 HTML0 UNK3 2 The cement price in Guangxi has been running at a low level for a long time, coupled with the low pressure of off-peak kiln inventory, enterprises have a strong desire to raise prices, 0 HTML0 UNK3 317-19 has raised the price of bagged cement by 20 yuan/ton, and some enterprises have simultaneously raised the price of clinker by 20-30 yuan/ton.   0 HTML0 UNK3 4 Southwest China 0 HTML0 UNK3 5 Affected by the Spring Festival holiday, most of the construction sites and mixing stations in Sichuan and Chongqing have not yet started, and the market demand and sales are low. 0 HTML0 UNK3 6 Before the festival, the cement price in the main city of Chongqing was reduced by 10-30 yuan/ton 0 HTML0 UNK3 7, and the market price was stable after the festival; 0 HTML0 UNK3 8 23 Sichuan Nanchong 0 HTML0 UNK3 9 Decreased the price of bulk cement by RMB20/ton; 0 HTML0 UNK4 0 The market in Yunnan-Guizhou region started slowly, construction sites and mixing stations were basically not started, only part of the demand for bagging, and there was no change in the price of cement. 0 HTML0 UNK4 1 Northeast China 0 HTML0 UNK4 2 The market has not yet started, and the construction site is still suspended. It is expected that the cement market will gradually resume demand from the middle and late March to the beginning of April. 0 HTML0 UNK4 3 Northwest Region 0 HTML0 UNK4 4 The off-peak production has not been completed. In addition, under the low temperature and rainy and snowy weather, most of the construction sites and mixing stations have not yet started, the market recovery is slow, and the cement prices in various regions are mainly stable in the off-season. 0 HTML0 UNK4 5 North China 0 HTML0 UNK4 6 At present, the construction site is not much, and it is expected to resume construction after the Lantern Festival. At present, there is only a small amount of bagged demand in Beijing-Tianjin-Hebei region, and there is almost no demand for bulk cement. In addition, the snowy weather is coming again, and the demand for cement continues to decline; 0 HTML0 UNK4 7 The markets in Shanxi and Inner Mongolia were stable with no significant changes. 0 HTML0 UNK4 8 Aftermarket Forecast: 0 HTML0 UNK4 9 The current rain and snow weather is in the majority, the market has not yet started, it is expected that this week (2.26-3.1) cement prices will continue to fluctuate and run weakly. 0HTML0UNK50

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Correlation

In recent years, due to the influence of capital factors, the number of suspended and delayed construction projects has increased significantly, which has dragged down the demand of cement market. In 2025, with the support of a more active fiscal policy, some projects may be restarted, bringing a certain increase in demand for the cement industry.