According to the commodity market analysis system of SunSirs, the cement market in East China fell in June. The price at the beginning of the month was 377.00 RMB/ton, and the price at the end of the month was 342.00 RMB/ton, down 9.28%. The current price fell 10.70% year on year.

In June, cement prices in some parts of East China fluctuated and fell. From the above figure, it can be seen that the cement market has been declining in the past three months. This month continues to decline. Around June 7th, cement prices in Nanjing, Zhenjiang, Wuxi, and Changzhou in Jiangsu Province decreased by 10-20 RMB/ton. On June 7th, cement prices in areas such as Ma'anshan and Wuhu in Anhui Province decreased by 10-15 RMB/ton. Around June 13th, cement prices in the Yancheng area of Jiangsu Province decreased by 10-20 RMB/ton. On June 12th, cement prices in Zhoushan, Wenzhou, Ningbo, Taizhou and other places in Zhejiang Province decreased by 10-20 RMB/ton. Recently, due to factors such as the high school entrance examination and rainy weather in East China, the shipment volume of enterprises is low, and the inventory is higher. Enterprises are continuously lowering the cement market in order to increase their shipment volume.

The price of thermal coal stabilized first and then increased in June. In terms of origin, the overall supply of steam coal is relatively stable. In terms of downstream ports, due to the recent hot weather, there has been an increase in demand for power plants during peak summer. The demand for non electricity has recently increased. On the cost side, there is positive support for coal prices, but as prices rise, there is a resistance mentality towards high prices in the downstream market. It is expected that the consolidation operation of thermal coal prices will be the main focus in the later stage, depending on the downstream market demand.

Downstream: According to data from the National Bureau of Statistics, from January to May, the national investment in real estate development reached 4,570.1 billion RMB, a year-on-year decrease of 7.2%; Among them, residential investment reached 3,480.9 billion RMB, a decrease of 6.4%. From January to May, the sales area of commercial housing was 464.4 million square meters, a year-on-year decrease of 0.9%, with residential sales area increasing by 2.3%. The sales of commercial housing reached 4,978.7 billion RMB, an increase of 8.4%, with residential sales increasing by 11.9%. The sluggish real estate industry has limited support for the cement market.

According to the prediction of SunSirs, due to recent rainy weather, the inventory of cement enterprises has further increased, and short-term demand is difficult to significantly increase. Therefore, analysts of SunSirs's cement products believe that in the short term, the cement market will mainly experience a slight decline.

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