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SunSirs: Cement Price Rises in East China since Stagger Peak Production
November 06 2019 17:32:18SunSirs(Selena)
  1. Price Trend

According to the monitoring of SunSirs, since November, although the weather turned cold, it was still sunny, the cement market demand was good, the sales was rising, and the cement was in a rising trend. On November 1, the price of cement in East China was 489.60 RMB/ ton, and on November 6, the price was 494.60 RMB/ ton, an increase of 1.02%.

  1. Market Analysis

Products:

Since September, when the peak season of cement market comes, the demand for cement keeps rising and the price keeps rising. Since November, the demand and sales are good, and the price continues to rise.

By region, in Jiangsu Province, in order to improve profits, on November 3, major enterprises in Wuxi, Suzhou, Changzhou and other regions in Jiangsu Province notified the cement price to be increased by 30 RMB/ ton. On November 5, major enterprises in Zhenjiang, Jiangsu Province notified the cement price to be increased by 15-20 RMB/ ton. In some regions of Jiangsu Province, affected by the Shanghai International Fair, some manufacturers began to stagger peak production, which took about 6-10 days.

In Zhejiang Province, the rainy weather decreased and the demand increased. On November 5, the cement prices of major manufacturers in Quzhou, Jinhua, Lishui, Jiande and other regions increased by 20-30 RMB/ ton.

In Anhui Province, driven by the rise of cement price in Nanjing, on November 2, the cement price of main manufacturers in Tongling, Anhui Province, increased by 20 RMB/ ton.

In Shanghai, affected by the Import Expo, it is reported that the price of cement in Shanghai will rise after the Expo.

In Shandong Province, in order to increase sales volume, the price of cement decreased. On October 29, the price of cement of some manufacturers in Jining, Heze, Zaozhuang, Linyi and other regions increased by 10-20 RMB/ ton.

In Fujian Province, the weather is fine and the demand and sales volume are just right. On October 26-27, the cement prices of the main manufacturers in Fujian increased by 10-20 RMB/ ton.

In November, the national cement market price continued to rise, and the upward cement price was driven by multiple favorable factors. The first was that the weather turned cold, the rain weather reduced, the cement market trading atmosphere was positive, and the weather was sunny, which was conducive to cement transportation. The demand and sales of the cement market were good, and the inventory fell rapidly. In order to improve the profit, the cement manufacturers' intention to increase the price was obvious, and the cement market in East China rose. Second, affected by Shanghai Import Expo, some manufacturers stopped production, resulting in further reduction of supply and further increase of cement price.

Industry chain: upstream: at present, the overall weakness of the domestic coke spot market is stable, and the market operators are mostly on the wait-and-see attitude. Coke enterprises are basically the same as the previous stage, and the downstream steel plants are still cautious in purchasing. The enthusiasm of traders is not high, the overall gas buying is relatively soft, and coke enterprises' inventory is slightly increased. In the downstream, the deal of steel plants has not improved significantly, but the steel price has increased slightly. With the steel market entering the off-season, the overall market demand will gradually weaken. In addition, the coke inventory of steel plants remains high, so the steel purchase is mainly rigid, and some manufacturers have control over the arrival of goods. Downstream: from January to August, the housing construction area of real estate development enterprises was 8,131.56 million square meters, up 8.8% year on year, 0.2 percentage points lower than that from January to July.

  1. Market Forecast

According to the prediction of SunSirs, in the middle and late November, the cement market demand is fair, and in the short term, the cement in East China may still maintain the current upward trend. With the gradual start of kiln shutdown and peak staggering, coupled with the pressure of environmental protection and production restriction, and driven by multiple favorable factors, the cement product analysts of the business society believe that in a short time, the cement market will mainly rise by a small margin.

 

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