SunSirs: Demand is Low, the Cement Price in East China is Weak and Falling
Recently, the cement market demand in East China has been declining, the construction site is poor, the cement inventory has gradually increased, the market has entered the traditional off-season, and the cement market in East China has entered the downward channel. At present, the overall operation of coking enterprises is stable compared with that in the early stage, the operation is low, the coke sales are good, and the inventory in the plant is generally low. At present, the steel plant has increased its procurement efforts again and has a strong intention to prepare goods. Under the environment of tight supply and acceptable demand, the coke market is stable, medium and strong as a whole.
In Shanghai, affected by foreign low-cost cement, the prices of various types of cement from some cement manufacturers decreased 60 RMB/ ton on December 15, 2021.
According to the prediction of SunSirs, it is difficult for the cement demand to improve in a short time. Therefore, SunSirs cement product analysts believe that China cement market will mainly fall in a short time.