[Video] Reduce Bulk Cement by 15 yuan/Ton Again, High Inventory Pressure in Nanjing, Jiangsu

2023-05-08 15:32:11

Since May 6, the price of bulk cement in Nanjing and Zhenjiang of Jiangsu Province has been lowered again by 15 yuan/ton, the price of bagged cement has been stable temporarily, and the rest of the industry in the region is expected to follow suit later.

China Cement Network Market Data Center News: According to market feedback, the May Day holiday, coupled with the impact of rain weather, the terminal market demand is weak, enterprise shipments are not high, high inventory pressure. Since

May 6, the price of bulk cement in Nanjing and Zhenjiang of Jiangsu Province has been lowered again by 15 yuan/ton, the price of bagged cement has been stable temporarily, and the rest of the industry in the region is expected to follow suit later. In addition, it is reported that since the beginning of the month, the transaction price in Suzhou, Wuxi, Changzhou and other places has still declined by about 10-15 yuan/ton.

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Correlation

[Video] Reduce Bulk Cement by 15 yuan/Ton Again, High Inventory Pressure in Nanjing, Jiangsu

2023-05-08 15:32:11

CEMPI

102.72

+0.2 +0.2%

CONCPI

86.76

+0.11 +0.13%

CLKPI

106.22

+0.35 +0.33%

SPPI

42.11

+0.13 +0.31%

MORPI

71.86

+0.03 +0.04%

Cement Net Weekly Report: Cement Price Index in the 25th week, the national cement market grinds the bottom, the high temperature and rainy season suppress, and the price is close to the cost line (7.

On July 10, the National Cement Price Index (CEMPI) closed at 93.46 points, down 1.03% annually and 14.66% year-on-year. On July 10, the Yangtze River Basin Cement Price Index (YRCEMPI) closed at 85.52 points, down 0.18% from the previous month.