SunSirs: The Demand is hardly Improving, China Cement Prices in East China are Consolidating

According to the monitoring of SunSirs, the cement market in East China has been shaken and consolidated recently, with the price of 402.00 RMB/ ton. The current price has dropped by 38.88% year on year.

Recently, cement prices in some parts of East China have fluctuated and consolidated. It can be seen from the above figure that the cement market has a trend of upward exploration in the near future, but the overall rise is difficult, and this week's rise is weak. During the National Day, the construction progress of the project site was average, the demand for cement fell slightly, and the cement market was mainly consolidation. In some regions, due to the influence of the rising surrounding market, the price has been adjusted intentionally, but it has not been implemented yet.

During the National Day holidays, the coke market rose for the first round, and this round increased by 100-110 RMB/ ton. After the festival, the coke market is mainly stable. In terms of supply, the profits of coking enterprises have been damaged recently, and the overall commencement is low. Some enterprises have taken the initiative to limit production. The price in Shanxi, the main production area, is temporarily stable. At present, the local transportation is affected to some extent, but the impact on production is not significant temporarily. The coke inventory in the plant remains low, and the downstream is still actively purchasing. In terms of downstream demand, the recent commencement of steel plants has maintained a high level of stability, the overall demand for coke is relatively stable, and the coke demand is still there. In the future market, the sales of finished products have improved to a certain extent, the demand for coke procurement is still good, and the mentality of coking enterprises is strong. It is expected that the coke market will operate stably, moderately and strongly in the short term. The future market will focus on the impact of transportation and the profit of coke steel enterprises on coke prices.

According to the prediction of SunSirs, the downstream construction sites have resumed construction after the National Day holiday, and major projects have started in many places. Therefore, SunSirs cement product analysts believe that the cement market is mainly rising in a short time.

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