According to the commodity market analysis system of SunSirs, the cement market in East China has been weak recently. The price at the beginning of this week was 352.00 RMB/ton, and the price at the weekend was 343.00 RMB/ton, down 2.56%, down 15.10% month on month, and down 10.44% year on year.
Recently, cement prices have declined in some parts of East China. From the above chart, it can be seen that the cement market has been mainly declining in the past three months, and prices have continued to decline slightly this week. Around June 13th, cement prices in the Yancheng area of Jiangsu Province decreased by 10-20 RMB/ton. On June 12th, cement prices in Zhoushan, Wenzhou, Ningbo, Taizhou and other places in Zhejiang Province decreased by 10-20 RMB/ton. Recently, due to the influence of factors such as high school entrance examination and rainy weather in East China, and the influx of foreign cement, the inventory of local cement enterprises has increased, and the market continues to decline.
ecently, the price of steam coal has been weak. In terms of origin, the coal mines in the production area maintain normal production, and the coal supply side is relatively stable. In terms of downstream ports, the enthusiasm for purchasing power plants is average, while the demand for civilian electricity is average. At present, social inventory is at a high level, and the rise in coal prices lacks support. In addition, the peak season demand is less than expected. It is expected that the weak consolidation of steam coal prices in the later stage will be the main focus, depending on downstream market demand.
Downstream funding issues are still ongoing, and demand recovery is poor. Specifically, the marginal investment in real estate has weakened again and is still bottoming out in the short term, with weak support for the cement market.
According to the prediction of SunSirs, in the near future, the cement market demand in East China has continued to decline, the manufacturers have continued to accumulate stocks, and the market competition has become increasingly fierce. Therefore, SunSirs cement product analysts believe that in a short period of time, the cement market is mainly down.
