SunSirs: Cement Prices in East China Fluctuated in Rainy Weather

https://www.chemnet.com   Dec 07,2022 SunSirs

　　According to the monitoring of SunSirs, the cement market in East China has been fluctuating and falling recently. The price at the beginning of the month was 407.00 RMB/ton, and the price on the 6th was 405.00 RMB/ton, down 0.49%. The current price fell 34.50% year on year.

　　Recently, cement prices in some parts of East China have fluctuated. It can be seen from the above figure that the cement market is mainly consolidated in the near future, with a slight decline. Recently, due to the impact of rainfall in some East China areas, the construction conditions are poor, the cement production capacity is excessive, and the demand is poor. In order to ship, the cement manufacturers led the cement market down, and the market fell in shock.

　　In the near future, the coke market continues to operate stably, moderately and strongly. In terms of supply, coking enterprises still lost money. Affected by profits, they took the initiative to limit production, and coke supply was slightly strained. In terms of demand, there is still demand for winter storage in the steel plant, coke procurement is good, and the coke inventory in the plant is low, so the warehouse is actively replenished. In the future market, the coal coke steel industry chain is in a seasonal off-season as a whole. SunSirs expects the coke market to be bullish in the short term, but there is limited room for growth. The future market will focus on the price trend of coking coal and the coke inventory in all links.

　　Downstream: The funding problem is still in place, and the demand recovery is poor. Specifically, the real estate investment margin has weakened again, and it is still bottoming out in the short term, with weak support for the cement market.

　　According to the prediction of SunSirs, the peak season has passed, and the superimposed market demand continues to be poor. Therefore, SunSirs cement product analysts believe that China cement market will decline mainly in the short term.

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