Demand Warms Up + Staggered Peak Kiln Shutdown, Guangxi Cement Price Ushers in Increase

China Cement Network Market Data Center news, according to market feedback, the market demand in Guangxi has slightly warmed up, coupled with the continuous off-peak kiln shutdown, some enterprises have eased inventory pressure. In order to improve profitability, some leading enterprises in the province notified an increase in cement prices by 30 yuan/ton on October 13, while the rest of the industry followed up with a larger increase in expectations. According to the big data of

China Cement Network, the current operation rate of cement mills in Guangxi is 17.5 percentage points lower than that in the same period last year, the cement storage ratio is 2.5 percentage points lower than that in the same period last year, and the shipment rate is 7.5 percentage points higher than that in the same period last year.

Overall, although demand has rebounded slightly, it is still insufficient. The current price increase mostly depends on the impact of peak staggering production on the supply side, and the implementation of the price increase remains to be observed.