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SunSirs: Inventory Decline, Cement Price in East China slightly Increased

August 05 2022 11:07:48     SunSirs (Selena)

According to the monitoring of SunSirs, the cement market in East China has risen recently. The price at the beginning of the week was 382.00 RMB/ ton, and the price at the weekend was 386.00 RMB/ ton, an increase of 1.05%. The current price fell by 10.73% year-on-year.

In August, with the increase of clinker prices and cement prices of some surrounding enterprises, the cement market in Zhejiang, Jiangsu and other regions rose.

Recently, cement prices in some parts of East China have increased slightly. It can be seen from the above figure that the cement market has mainly fallen in the past three months, and the recent market has begun to rise. Mainly because the rainy weather in the South has decreased, the construction time of construction sites in some areas has shortened, the demand has improved slightly, and the manufacturer's shipment volume is basically around 70%. With the increase of clinker price, enterprises have a strong willingness to adjust prices, leading to the increase of cement prices.

According to the prediction of SunSirs, the market demand is slightly higher than that in the early stage, and stimulated by the shutdown of kilns, enterprises have a strong willingness to adjust prices. Therefore, SunSirs cement product analysts believe that the cement market will mainly rise in a short time.

 

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