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SunSirs: The Peak Season is Coming, the Cement Price in East China is Rising

August 26 2022 13:47:30     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 386.00 RMB/ ton, and the price at the end of the week was 390.00 RMB/ ton, up 1.04%. The current price has decreased by 17.20% compared with last year.

In Zhejiang, in order to improve profits, on August 22, the price of high-standard cement of some cement manufacturers in Hangzhou, Jiaxing and other regions in Zhejiang is expected to increase, with an increase of 20 RMB/ ton. The implementation situation remains to be observed.

In Jiangsu, the inventory declined and the demand improved. On August 21, the cement prices of some cement manufacturers in Wuxi, Changzhou and Suzhou increased by 10-20 RMB/ ton.

Recently, cement prices in some parts of East China have risen. It can be seen from the above figure that the cement market has fluctuated slightly in the past three months, and the market has risen slightly this week. The main reason is that power supply is limited and production is reduced in many places in East China, the supply is slightly tightened, the cement inventory is declining, and the shipment volume is increased compared with the previous period. In order to improve the profit, the cement manufacturers have started to rise tentatively, and the cement market has risen slightly.

According to the prediction of SunSirs, the traditional peak season is coming soon after the high temperature in East China gradually subsides. The major projects announced in the first half of the year are expected to start in the second half of the year, and the cement demand will have an obvious recovery. Therefore, the cement product analysts of SunSirs believe that the cement market in China will mainly rise in the short term.


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