Impact of power restriction shows Guangdong Cement to raise prices again

The reporter learned from the industry that the price of the Guangdong cement market rose by 20-30 yuan/ton yesterday. The price of O42.5 scattered to Guangzhou mixing station was 450-460 yuan/ton, and the price of clinker was 410 yuan/ton. The price rose about 7%.

According to analysis by industry insiders, this is the second price increase for the Guangdong cement market this year. There are three main reasons leading to the increase of Guangdong cement price: First, due to the impact of limited electricity and other factors, Guangxi's cement production is more severe, resulting in a significant drop in the supply of cement to the Guangdong market; Second, the basic stock of cement and clinker inventory for local enterprises in Guangdong. Third, market demand has picked up.

“According to the market situation, the price increase of cement in the Guangdong market is within expectations, but it is different from the previous situation.” The industry analysts pointed out that the first, Guangxi power cuts began from the end of July, and continued For a long time, as long as the limited electric message comes out, Guangdong cement prices will have an impulse to rise, but only a slight increase of 10-20 yuan/ton in the previous period; Second, the price increase of Guangdong Cement is in the stock base stock In the past, inventory was reduced to about 50%, and prices would rise. Third, the inventory of all large companies was basically empty, and the price was only raised by RMB 30/ton, compared with similar situations in the past. The increase is still small.

“It can be seen from the above that cement companies in Guangdong Province are very cautious about raising prices at this stage, and may worry that there will be insufficient growth in demand in the future. After the increase in ceilings, the cement production capacity will recover, leading to downward pressure on prices. It depends on the stock situation." The above person said.

The reporter noted that people in the industry are still cautious about the future trend of Guangdong's regional cement prices.

It should be pointed out that the cement prices in the country have fallen for two weeks in the previous period, casting a shadow on the market. Judging from the situation in the previous week, the national cement market price remained roughly flat on a week-on-week basis. The average market price was 384.42 yuan per ton (except in the Beijing market, the other provinces remained stable except for a slight drop), and there have been signs of stabilization.

In addition, the rumors about the “leadership of the cement in the middle and lower reaches of the Yangtse River for joint mobile prices” may not be groundless. This may give the cement market a positive boost in the future, and it is worthy of attention in the later period.