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SunSirs: Strong Demand, Cement Prices in East China Continue to Rise

April 28 2021 13:09:41     SunSirs (Selena)

According to the monitoring of SunSirs, the cement market in East China has raised recently, with the price of 499.40 RMB/ ton on April 15 and 511.20 RMB/ ton on April 27, an increase of 2.36%. The current price has increased by 6.59% month on month, and the current price has increased 9.23% year on year.

In April, the weather around East China improved, the demand for cement gradually increased, the sales volume was excellent, and the cement market showed an upward trend.

Recently, the weather is relatively sunny, the market demand in various regions is obviously better, the shipment volume of enterprises is constantly rising, and the cement market continues to rise. The reason is that first of all, some areas of peak shifting production, such as Fujian area, the implementation of peak shifting kiln shutdown is good, among which some enterprises have kiln mill failure and low cement inventory. Second, the construction of major projects in various regions is concentrated, and the demand for building materials is strong, and the supply is tight. The imbalance between supply and demand promotes the cement market to rise further.

Downstream: data from the National Bureau of statistics show that from January to March, the national real estate development investment reached 2757.6 billion RMB, a yearly increase of 25.6%

According to the prediction of SunSirs, the demand around the country will be better in the near future, the shipment volume of enterprises will be higher, and the clinker inventory will be at a low level. Therefore, SunSirs cement product analysts believe that China cement market will mainly rise in a short period of time.

 

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