SunSirs: Inventory Pressure Was High, Cement Prices in Parts of East China Fell
May 12 2022 15:15:34 SunSirs (John)
Price trend
Cement prices in East China have been mainly down recently.
Analysis review
In Anhui, the demand continued to be poor. Around May 9, the prices of cement from manufacturers in Tongling, Anqing and other regions of Anhui were lowered by 30-50 RMB/ton.
Recently, the demand for cement in East China continued to be sluggish, and manufacturers were under great pressure on inventories. Among them, the shipment volume of enterprises in Anhui was only about 60%. In order to ship, enterprises had actively lowered prices, and cement prices showed a downward trend.
Market outlook
Cement demand continues to be low, and inventory digestion is not ideal, so the cement product analysts of SunSirs believe that in a short period of time, the cement market will mainly decline.
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