SunSirs--China Commodity Data Group

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SunSirs: Inventory Rise, High Cement Price Consolidation in China

November 04 2021 14:42:52     SunSirs (Selena)

Recently, the coke spot market still operates stably temporarily, the overall atmosphere of the market is weak, the mentality of coking enterprises is slightly reduced, the current production restriction areas are still strictly implemented, other enterprises produce normally and sell actively. The cement market is temporarily dominated by high-level consolidation. Some clinker production line enterprises in Fujian have stopped kilns for 10 days since November. On November 2, some cement manufacturers in Fujian notified the price increase of various types of cement, with an increase of 30 RMB/ ton.

According to the prediction of SunSirs, the tight supply of cement inventory has eased and the cement market is high. Therefore, SunSirs cement product analysts believe that China cement market will mainly fall in a short time.

 

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