I. National cement prices are biased
As of 11 october, the 100-year construction cement index stood at 470. 94, an increase of 0. 2 per cent in the roundabout. Cement prices continued to rise nationwide, with a maximum increase of $60 per ton。
Ii. Summary of price changes (10. 1-10. 11)
Huadong
Shanghai: cement enterprises notified a price increase of $30/t; some actually implemented $10-20/t owing mainly to low water levels in the river lanes, increased freight costs for ships, subsidized freight costs for cement enterprises, and little volatility in real market prices thereafter。
Fujian no. 1, bulk bags of various varieties increased by $20 per ton, and local demand recovered and cement prices increased as the prices of cement in the surrounding areas increased by more than one round。
Jiangxi: during the national day, the price of cement bags rose by $15, the bulk by $30 per ton, the surrounding markets rose, the prices of cement in the jiangxi market rose simultaneously and the prices of cement rose slightly。
Comment: overall demand in the east china market has steadily increased, but the implementation of price increases remains to be seen due to the high pressure on business inventories and rising costs of raw materials。
China
Hainan: on 1 october, the price of cement rose by $30 per ton in most areas, mainly as a result of the pre-epidemic effects of the epidemic, where market demand was suppressed, the current epidemic was mitigated, demand was released and cement prices increased normally。
Guangdong: low-standard bulk cement increased by $20 per ton after the east festival, lower-standard cement prices in the preceding period were relatively low and some manufacturers adjusted themselves。
Comment: the south china market, supported by the profitability of earmarked debt funds, has been able to catch up on some of its national holiday municipal projects, leading to an increase in demand for cement, which is expected to work well and to be more supportive of higher prices。
China
Henan: cement prices in zhengzhou and elsewhere have risen by 20-30 yuan/tonne since 7 october, mainly since 8 october, when the henan province-wide cement kiln company will be shut down for 15 days, with late clinker supplies or high competition, and cement prices will rise with a strong willingness to increase。
Hubbard: prices of cement have fallen by 10-20 yuan/t; prices of cement by enshi 10 have been reversed by 30 yuan/t, mainly due to higher pre-discretion rates, low acceptance in downstream markets and poor market demand during the national holiday period。
Comment: china's market is more affected by peripheral markets, so prices rise and fall。
Southwest
Chongqing: after the fourth of july, chongqing market cement fell 20 yuan/tonne and the price increase of 60 yuan/tonne was not realized before the festival; cement prices fell in order to relieve the pressure on stockpiles, mainly as a result of the epidemic and rain weather, the overall demand for cement markets was underperforming, and the production of cement companies declined。
Sichuan: the price of cement in the sichuan north market rose by 60 yuan/tonne during the national holiday, and 30 yuan/tonne was delivered in the mainstream market. The effects of the major epidemic continued, some factories were shut down and overall market demand declined, not enough to support full cement prices。
Guizhou: the increase of $20-60 per ton during the festival was mainly affected by the epidemic, after which market demand resumed less than expected, and follow-up is pending or not fully implemented。
Yunnan: cement in chong cement has increased by $30 per ton, energy consumption is double controlled and cement prices have risen。
Comment: south-west market demand is complemented by higher prices for raw materials and higher costs for cement production, but implementation remains to be seen due to strong market competition。
North china
Since 1 october, the main brands in the kyojin region have announced an upward adjustment of 30 to 55 yuan/tonne for cement prices, which is about to peak owing mainly to the onset of the heating season and which continues to drive cement prices upwards。
Comment: it is clear that the north china market is working before the heating season, which supports the price increase。
Summary
After the fourth of july, the prices of cement increased and fell in various parts of the country, owing to two factors: first, limited electricity production in some parts of the country and increased production costs due to frequent shutdowns, which led to higher profits, and, second, the return of cement prices due to repeated post-concentration outbreaks, increased security controls until 20 years later, smooth construction of some of the sites, new projects or delays in start-up, a lack of improvement in overall demand, poor access by cement enterprises to storage facilities, and pressure on stockpiles。
