According to the monitoring of SunSirs, the cement market in East China has been shaken and consolidated recently, with the price of 407.00 RMB/ ton. The current price has dropped by 38.95% year on year.

Recently, cement prices in some parts of East China have fluctuated and consolidated. It can be seen from the above figure that the cement market has been weak in recent years and continues to consolidate this week. In September, the trading area of commercial residential buildings in key cities increased by 6.1% month on month, down 19.1% year on year. In October, the trading area of commercial residential buildings in key cities decreased by about 10% month on month, with a year-on-year decrease of about 20%. The transaction of the property market is not good, the cement production capacity is surplus, the power for cement to rise is insufficient, and the market is mainly volatile and consolidated.

In the near future, the coke market is mainly stable. The overall price of coking coal is mainly stable and adjusted individually. In terms of origin, coal mines have resumed production, and the overall supply of coking coal has increased. In terms of coke, the demand for coking coal is general in the near future, and because of the decline of steel prices, the coke prices are mostly stable, and the coke is mainly purchased on demand. In general, the coking coal price is mainly stable, and the downstream market demand is specific.

Downstream: from January to September, the national real estate development investment was 10,355.9 billion yuan, down 8.0% year on year; The housing construction area of real estate development enterprises was 8789.19 million square meters, down 5.3% year on year; The newly started housing area was 947.67 million square meters, down 38.0%.

According to the prediction of SunSirs, the domestic cement overcapacity is close to 40% at present, the downstream demand is hard to improve, and the enterprise has a great pressure to ship. Therefore, SunSirs cement product analysts believe that China cement market will fall mainly in the short term.

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