SunSirs: Cement Market Price Rises in East China in Winter
December 02 2020 10:47:42 SunSirs (Selena)
According to the monitoring of SunSirs, the cement market in East China continued to rise in November, with the price of 493.40 RMB/ ton on November 1 and 505.80 RMB/ ton on the 30th, with an increase of 2.51%. The current price rose by 2.51% month on month, and the current price fell by 5.74% year on year.
In the first half of November, the weather was sunny, the cement market demand was still good, and the price continued to rise. In the second half of the month, the weather was bad, the demand was general, and the market fluctuated slightly. Generally speaking, the cement price was at a high level.
After entering November, cement demand continued to be good, in order to improve the income, cement manufacturers led the market continued to rise. Shandong Cement Association issued the notice of 2020-2021 Implementation Plan of Stagger Peak Production of Shandong Cement Enterprises in Heating Season. From December 1, 2020 to March 31, 2021, the clinker production line in Shandong will stop kiln in heating season for four months. Under the influence of staggered peak production, cement inventory decreased rapidly. Generally speaking, cement demand in many places rebounded, and the manufacturers' shipment volume was good, and the market continued to climb to a high level.
According to the prediction of SunSirs, the cement market in North China is at a high level in the near future, but with the advent of winter, the cold weather is not conducive to the construction site, and the cement peak season is about to pass. Therefore, SunSirs cement product analysts believe that in a short period of time, China cement market will mainly fall.
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