Kiln shutdown efforts or will increase! The C8 Cement Conference was successfully held!

According to market sources, on May 23, C8 cement enterprises held a conference on high-quality development of the cement industry to jointly promote anti-involution in the industry. Sources said that at this meeting, major cement enterprises have reached a consensus on the serious overcapacity problem facing the current industry, starting from the near future or gradually shutting down kilns. According to the data center of

China Cement Network, this year's cement industry benefited from the upside-down market formed in the fourth quarter of last year, and the overall price level was higher than that of the same period last year, especially in the first quarter.

However, due to the sharp contradiction between supply and demand, the market undercurrent is surging. From the end of April to the beginning of May, a price war broke out in many domestic markets. In the near future, cement prices in Jiangxi, Jiangsu, Shanghai and other places have continued to decline, with a cumulative decline of 50-70 yuan/ton from the end of April to the beginning of May. Cement big data information of

China Cement Network shows that the increase of rainwater, coupled with the continued downturn in demand for real estate and infrastructure, and fierce competition, the cement market across the country has fallen more than risen. On May 23, the National Cement Price Index (CEMPI) closed at 120.04 points, down 1.27% annually and up 11.02% year-on-year. On May 23, the Yangtze River Basin Cement Price Index (YRCEMPI) closed at 113.4 points, down 2.36% from the previous month. Change of cement price index in

six regions, data source: cement big data (https://data.ccement.com/)