SunSirs: Demand Was Low, and Cement Prices in Some Parts of East China Were Lowered
May 06 2022 10:45:58 SunSirs (John)
Price trend
Cement prices in East China have been mainly down recently. In Jiangsu, demand continued to be poor. Around the end of April, some cement manufacturers in some parts of Jiangsu lowered the prices of various types of cement, with a decline of 30-50 RMB/ton.
Analysis review
Affected by public security incidents, local control has been tightened, cement demand continues to be sluggish, and manufacturers are under great sales pressure. In order to ship goods, prices were lowered, and cement prices were on a downward trend.
Market outlook
The construction site is limited and the cement inventory continues to be high. Therefore, the cement product analyst of SunSirs believes that in a short period of time, the cement market will mainly decline.
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