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SunSirs: Fine Weather, Cement Market Prices Rises in East China

August 24 2020 11:06:55     SunSirs (Selena)

According to the monitoring of SunSirs, recently, the rain weather has weakened, the cement market demand has recovered, and the cement price generally shows an upward trend. On August 1, the cement price in East China was 412.60 RMB/ ton, and on August 21 was 434.60 RMB/ ton, an increase of 5.33%. The current price rose by 4.67% month on month, and the current price fell by 5.30% year on year.

Since August, the continuous rain weather ends, the cement market demand improves, the inventory is generally low, and the cement price is in the upward channel.

In terms of regions, Jiangsu Province has seen a decrease in rainfall and a good recovery in market demand. From August 4 to 5, major enterprises in Zhenjiang, Nanjing, Yangzhou and other regions in Jiangsu Province informed the prices of various types of cement to rise by 20-30 RMB/ ton. From August 16 to 18, major enterprises in Wuxi, Suzhou, Changzhou and other regions in Jiangsu Province informed the prices of various types of cement to rise by 20-30 RMB/ ton

In Zhejiang Province, the weather improves, and the overall inventory decreased rapidly. From August 5 to 6, the prices of various types of cement from major manufacturers in Hangzhou, Wenzhou, Lishui and other regions in Zhejiang Province rose by 20-30 RMB/ ton. Around August 20, the prices of various types of cement of major manufacturers in Shaoxing, Jiaxing and other regions in Zhejiang Province rose by 30 RMB/ ton.

The weather is fine in Anhui Province. Around August 1, the main enterprises in Bozhou area of Anhui Province informed that the price of high-grade cement rose by 20 RMB/ ton. Around August 18, Anhui Huainan and other major enterprises informed that the price of high standard bulk cement had risen by 30 RMB/ ton.

In Shanghai, the rain weather is over, the market demand is better, and affected by the rising cement prices in the surrounding areas. On August 5, major enterprises in Shanghai announced that the price of various types of cement would rise by 20-30 RMB/ ton. Around August 15, major enterprises in Shanghai informed the price of various types of cement to rise by 20 RMB/ ton.

Recently, with the end of the rainy weather, market demand is warming up, coupled with the second round of rising clinker prices in the Yangtze River Delta region. Recently, sales in many places are good. In order to improve profits, cement manufacturers promote the rise of cement prices, and the whole cement market is in an upward channel.

According to the forecast of SunSirs, the weather will be fine in the near future. With the start of infrastructure projects, the inventory will continue to decrease, the cement demand will rise further, and the cement manufacturers will ship smoothly. Therefore, the cement product analysts of SunSirs believe that China cement market will mainly rise in a short period of time.

 

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