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SunSirs: Continuous Rainy Days, Cement Market in East China Fell slightly

March 11 2021 13:23:29     SunSirs (Selena)

According to the monitoring of SunSirs, the cement market in East China has recently fallen. On March 1, the cement price in East China was 476.20 RMB/ ton, and on March 10, it was 472.80 RMB/ ton, with a decrease of 0.71%. The current price has dropped 5.48% month on month, and the current price has dropped 3.98% year on year.

In recent days, the weather is not good, sometimes rain and snow weather, cement demand did not pick up significantly, cement prices showed a downward trend.

In terms of different regions, the market demand in Jiangsu Province declined. In early March, Lianyungang, Xuzhou and other regions of Jiangsu Province announced a reduction in cement prices, with a drop of 20-30 RMB/ ton.

In Zhejiang, the demand is poor. On February 22, some cement manufacturers in Zhejiang informed that the price of cement was lowered, with a drop of 20-30 RMB/ ton.

In Shandong Province, affected by the rain and snow weather, the actual transaction prices of individual cement manufacturers in Tai'an, Zibo and Jinan decreased in early March, with a decrease of 15-30 RMB/ ton. On March 6, the main cement manufacturers in Jining, Shandong Province informed P.C42.5 that the price of bagged cement decreased by 15 RMB/ ton.

In Anhui, with continuous rain, manufacturers’ shipment was poor. On March 5, the main cement manufacturers in Suzhou, Huaibei and other regions of Anhui Province informed the price of high-standard cement to decrease, with a decrease of 20-30 RMB/ ton. On March 8, the main cement manufacturers in Bozhou, Anhui Province informed the price of high-grade cement to decrease, with a decrease of 20-30 RMB/ ton.

In Shanghai, driven by the decline of surrounding cement market, the price of high standard cement of main brands in Shanghai decreased on February 21, with a decline of 30-45 RMB/ ton.

Recently, the rainy weather has increased. Although the construction sites and mixing stations continue to work, the market demand has not improved significantly, the manufacturers' shipment volume is poor, and the cement market in East China is in a state of overcast decline. In addition, affected by the early rise of clinker price, the cement market in East China has a trend of stopping falling and rising.

According to the prediction of SunSirs, with the decrease of this round of rain weather, the cement market demand in East China is expected to further recover, and driven by the rise of the surrounding cement market, SunSirs cement product analysts believe that in a short period of time, the cement market is mainly stable and rising.

 

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