Tapai Group said recently that due to the recent heavy rain and typhoon weather in Guangdong, which affected the construction of the project and led to weak demand, the price of cement in the Pearl River Delta market rose in mid-July and then slowly fell back, while the price in the eastern Guangdong market was relatively stable after the price increase in mid-July.
At present, the price has been at the bottom of the stage, and the probability of further downward is very small. On the one hand, the rising coal price drives the cost pressure, on the other hand, most enterprises in the industry suffer serious losses, and their willingness to save themselves has increased.
Whether the price can rise in the second half of the year depends mainly on the recovery of real demand brought about by the improvement of weather after September, the implementation of production according to the approved capacity and the strengthening of self-discipline awareness of peak staggering production in the industry.
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