- Price Trend
According to the monitoring of SunSirs, since November, although the weather turns cold, it is still sunny, the cement market demand is good, the sales continues to rise, the inventory continues to decline, and the cement is in a rising trend. On November 1, the price of cement in East China was 489.6 RMB/ton, and on November 26, the price was 533.80 RMB/ton, an increase of 9.03%.
- Market Analysis
Products: After entering September, the peak season of cement market is coming, the demand for cement is rising and the price is rising, and sales is good. In addition, under the pressure of environmental protection and production restriction, the inventory is low, and the cement price is soaring all the way.
In terms of regions, in order to improve the profitability of Jiangsu Province, on November 7, major enterprises in Zhenjiang and Nanjing of Jiangsu Province notified the price of cement to be increased by 20-30 RMB/ton. On November 10, major enterprises in Huai'an, Lianyungang and Yancheng of Jiangsu Province notified the price of cement to be increased by 20-30 RMB/ton. On November 20, major enterprises in Huai'an and Lianyungang of Jiangsu Province notified the price of cement up to 20 RMB/ton.
In Zhejiang Province, the rainy weather decreased and the demand increased. On November 10, the cement prices of major manufacturers in Shaoxing, Hangzhou, Zhoushan, Ningbo, Jiaxing and other regions in Zhejiang Province increased by 20-30 RMB/ton. On November 18, the cement prices of major manufacturers in central and southern Zhejiang Province increased by 30 RMB/ton. On November 20, the cement prices of major manufacturers in Hangzhou, Jiaxing, Shaoxing and other regions in Zhejiang Province increased by 30 RMB/ton.
In Anhui Province, driven by the rise of cement price in Nanjing, on November 9, the price of cement from major manufacturers in Chuzhou and Maanshan, Anhui Province, increased by 20-30 RMB/ton.
In Shanghai, driven by the rise of cement in the surrounding Jiangsu region, on November 7, major manufacturers in Shanghai notified that the price of cement was increased by 20 RMB/ton. On November 19, major manufacturers in Shanghai notified that the cement price was increased by 30 RMB/ton.
In Shandong Province, affected by the peak staggering, the cement price continued to rise. On November 7, the cement prices of some manufacturers in Qingdao, Yantai, Zaozhuang, Jinan and other regions in Shandong Province increased by 20 RMB/ton. On November 12, cement prices of some manufacturers in Jining District of Shandong Province increased by 50 RMB/ton. On November 15, cement prices of some manufacturers in Jining District of Shandong Province increased by 30 RMB/ton.
In Fujian Province, the weather is fine, and the demand and sales are just right. On November 24, the price of cement of the main manufacturers in Fujian increased by 20-30 RMB/ton.
Recently, the national cement market price continues to rise, and the upward trend of cement price is driven by multiple favorable factors. The first is that the weather turns cold, the rainy weather decreases, the cement market trading atmosphere is positive, the sunny weather is conducive to cement transportation, the demand and sale of cement is good, the cement manufacturers have obvious intention to increase the profit price, and near the end of the year, the construction site is in a hurry, and the cement inventory is declining rapidly The cement market in the East China is up. Second, affected by the start of peak staggering, most of the kilns in the region are shut down, resulting in further reduction of supply and low inventory, which is conducive to the further rise of cement prices.
Industry chain: upstream: after entering winter, affected by heating season and air pollution early warning and other factors, many places in North China began to implement production restriction measures. In addition, the recent security inspection caused by safety accidents led to a certain decline in the supply of coke spot. The industry recovered, and the intention of coke supporting price was strong. However, the procurement of downstream steel plants showed no obvious signs of increase, most of which were just needed and the coke inventory was high. Due to the impact of rising steel profits, the efforts of steel mills to suppress coke prices slowed down. 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% lower than that from January to July.
- Market Forecast
According to the prediction of SunSirs, in mid-November, the price of cement in East China has been at a high level after continuous promotion. However, under the pressure of environmental protection and production restriction, cement inventory remained at a low level, and the cement market was still strong. The cement product analysts of SunSirs believed that in a short period of time, the cement market would be dominated by a small increase.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com .