Weak Demand Ningxia Cement Market "Too Difficult" in the Fourth Quarter

2023-11-03 15:55:09

China Cement Network Information Center has recently investigated the recent situation of the cement market in Ningxia.

Since

November 1, cement clinker production enterprises in Ningxia have begun to participate in peak staggering production. In this regard, China Cement Network Information Center has recently investigated the recent situation of the cement market in Ningxia.

"At present, the profit is very low," a sales staff of a cement plant in Ningxia told China Cement Network. It is understood that the price of cement in Ningxia market has been at a low level since the end of October, and the profit margin of cement enterprises is small. And after entering November, the downstream market demand is not good, there is no certain supporting effect on cement prices, the staff said that "the pressure is greater".

For the follow-up cement market in Ningxia this year, the director of a local clinker factory said he was not optimistic. He analyzed: "At present, November is not the worst time for demand, and December is even more difficult!" He said that most of the downstream construction projects and mixing stations in Ningxia will be shut down due to weather after entering the fourth quarter, and the demand for cement will be weak.

With the decline of cement demand and the arrival of the peak of production capacity, the market competition is becoming increasingly fierce, and a cyclical industry shuffle is inevitable. Relying on digital and intelligent technology means, realizing technology and management upgrading, continuously reducing energy consumption, pollutant emissions and carbon emissions, and enhancing the comprehensive competitiveness of enterprises are the key for cement enterprises to meet the challenges.

To this end, China Cement Network will hold the Fifth China Cement Intelligence Summit Forum in Hangzhou on November 29, 2023, with the theme of "Data-Driven Decision-Making Intelligence Leads the Future", inviting industry experts, scholars and representatives of relevant enterprises. To jointly explore and promote the intelligent process of the cement industry.

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China Cement Network Information Center has recently investigated the recent situation of the cement market in Ningxia.

2023-11-03 15:55:09

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.