[Special Topic] Cement Market Operation Analysis and Outlook in the First Quarter of 2023

2023-04-28 15:54:25

The overall demand in the first quarter was better than same period, cement production increased, and the price rebounded to a certain extent. However, due to the low price of cement in the current period, coupled with the limited decline in coal, the cost is still high, and it is expected that the profit of the cement industry will shrink significantly year-on-year. Looking forward to the second quarter, with the continuous development of infrastructure projects and the gradual stabilization of real estate, the demand in the second quarter is expected to continue to release, but we should also be alert that with the arrival of the rainy season and the busy farming season, there are variables in the degree of demand improvement. At the same time, under the pressure of new production lines, the rising space of cement prices is suppressed, and it is expected that although the benefits will improve, the absolute profit level may still be low.

In 2023, the Spring Festival was earlier, the epidemic factors subsided, the downstream resumption of work was better, many major projects started construction, the overall demand in the first quarter was better than same period, the cement output increased, and the price rebounded to a certain extent, but due to the low price of cement in this period , coupled with the limited decline in coal, the price of cement in the first quarter was higher than that in the first quarter. The cost is still high, and the profit of the cement industry is expected to shrink sharply year on year. Looking forward to the second quarter, with the continuous development of infrastructure projects and the gradual stabilization of real estate, the demand in the second quarter is expected to continue to release, but we should also be alert that with the arrival of the rainy season and the busy farming season, there are variables in the degree of demand improvement. At the same time, under the pressure of new production lines, the rising space of cement prices is suppressed, and it is expected that although the benefits will improve, the absolute profit level may still be low.

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[Special Topic] Cement Market Operation Analysis and Outlook in the First Quarter of 2023

The overall demand in the first quarter was better than same period, cement production increased, and the price rebounded to a certain extent. However, due to the low price of cement in the current period, coupled with the limited decline in coal, the cost is still high, and it is expected that the profit of the cement industry will shrink significantly year-on-year. Looking forward to the second quarter, with the continuous development of infrastructure projects and the gradual stabilization of real estate, the demand in the second quarter is expected to continue to release, but we should also be alert that with the arrival of the rainy season and the busy farming season, there are variables in the degree of demand improvement. At the same time, under the pressure of new production lines, the rising space of cement prices is suppressed, and it is expected that although the benefits will improve, the absolute profit level may still be low.

2023-04-28 15:54:25

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Jiangxi Provincial Department of Industry and Information Technology: Implementation Rules for Abolishing Capacity Replacement of Cement and Glass Industry in Jiangxi Province

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.