[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

CEMPI

97.47

+0.13 +0.13%

CONCPI

90.00

-0.13 -0.14%

CLKPI

98.76

-0.20 -0.20%

SPPI

45.10

+0.10 +0.22%

MORPI

73.32

0.00 0.00%

Cement network data: statistics of cement output of all provinces and cities in China from January to March 2026

The statistical data of cement output in all parts of the country from January to March 2026 show that the cumulative output of cement in the country has a certain scale. From the year-on-year data, the situation varies from place to place. The output in most regions showed a trend of year-on-year decline, among which the decline in Liaoning, Shaanxi, Fujian and other places was more obvious, for example, the year-on-year decline in Liaoning was larger; while the output in Beijing, Guizhou, Hunan and other places increased year-on-year, and the year-on-year increase in Beijing was relatively prominent. The smaller year-on-year change in production was in Zhejiang, which decreased by only 0.03%. The overall output of the whole country decreased by 7.10% year on year.