SunSirs: Efforts is made to Stagger Peak Production, China Cement Prices in East China is Consolidated
October 21 2022 09:49:35 SunSirs (Selena)
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 39.70% 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 exploration in the near future, but it is generally difficult to implement, and the market continues to fluctuate slightly this week. At present, the efforts to stagger the peak in some regions and limit the production of cement enterprises have been further strengthened, forming a certain support for the higher cement price. Next, the balance of 500 billion special bonds has been gradually put in place, and the demand for infrastructure construction has increased, which will drive the demand for cement to resume growth. It is expected that the cement market will mainly rise.
According to the prediction of SunSirs, the current infrastructure support is strong, and the new construction of major projects in many places is expected to increase the demand for cement. Therefore, SunSirs cement product analysts believe that the cement market is mainly rising in the short term.
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