SunSirs: Cement Price Rse in East China

https://www.chemnet.com   Oct 26,2022 SunSirs

　　According to the monitoring of the business community, the cement market in East China rose in October. The price at the beginning of the month was 402.00 RMB/ ton, and the price at the end of the month was 407.00 RMB/ ton, up 1.24%. The current price fell 38.95% year on year.

　　In October, the weather in East China was mostly sunny, the operating rate in Fujian, Jiangsu and other places continued to increase, the overall demand showed an upward trend, and the cement market in East China rose.

　　During the holiday, the coke market rose for the first round, and this round increased by 100-110 RMB/ ton. In October, the coke market price continued to maintain a temporary stable operation. In terms of coking enterprises, Shanxi has made great efforts to limit production recently. Due to the difficulties in raw material transportation in some regions, some enterprises have been stewing in the oven, and coke supply has been tightened again. The coking coal price has been adjusted at a high level this week, which has once again boosted the attitude of coking enterprises. At present, coking enterprises have a strong bullish attitude. In terms of downstream demand, the demand of steel plants is fairly good in the near future. Due to the traffic jam in some areas, it is more difficult to purchase. The steel plants have a certain demand for replenishment, which supports the demand of coke market. In the future market, the business community thinks that the environmental protection and production restriction are relatively strong in the near future, the coke enterprises have limited production, and the coke supply is generally tight. However, the overall profit of the downstream has declined in the near future, the steel price has declined, and the profits of the steel plant have been damaged. Therefore, the game mentality of coke and steel is strong in the near future, and the coke price is mainly stable in the short term.

　　According to SunSirs, the demand for cement is expected to further increase due to the increased infrastructure demand. Therefore, SunSirs cement product analysts believe that the cement market will mainly rise in a short time.

 Print  |    add to Favorites  |    Close