On November 12, Yu Shui, Executive Director, General Manager and Secretary of the Board of Directors of Conch Cement, said that in the first three quarters of 2025, affected by the deep decline in real estate investment and the sustained slowdown in infrastructure investment, cement demand continued to decline, the contradiction between supply and demand further increased, and market competition intensified. Cement prices fluctuated lower as a whole, but thanks to the decline in coal costs, industry profits were significantly restored.
In the fourth quarter, the demand for cement is expected to improve slightly compared with the third quarter, but it will continue to decline year-on-year. With the recent rise in coal prices, the benefits will still face greater pressure.
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