SunSirs: The Demand is Poor, and the Cement Price in East China Fell in November

2021-12-02by admin

  According to the monitoring of SunSirs, the cement market in East China fell in November. The price at the beginning of the month was 666.67 RMB/ ton, and the price at the end of the month was 625.00 RMB/ ton, down 6.25%. The current price fell 6.25% month on month, and the current price rose 23.57% year-on-year.

  In November, the situation of power and production restriction was greatly improved, the inventory of cement enterprises continued to rise, the sharp decline of coal price could not support the cost of cement, and the cement market fell. As shown in the figure above, the cement market has started a steady weakening trend since the middle and late October, and the market has slowly declined. Recently, the real estate operating rate has decreased significantly year-on-year, the construction progress of construction projects is slow, the cement demand continues to decline, the manufacturer’s shipment is poor, the market inventory is accumulated, the manufacturer maintains stability openly and secretly reduces the price for shipment, and the actual transaction price in many places in East China has fallen secretly.

  According to the prediction of SunSirs, the coke market has fallen sharply, with poor digestion in the cement market and continuous accumulation of inventory. Therefore, SunSirs cement product analysts believe that the cement market will mainly fall in a short time.