Insufficient demand, high inventory, falling cement prices, generally staggered production
Financial Associated Press, June 11th, the cement market has recently been "not busy in the peak season". While enterprises are enduring price drops, they generally carry out peak-staggered production in order to ease supply pressure. A person from Jidong Cement Company told a reporter from the Financial Associated Press that there is currently a problem of insufficient demand in the cement market, and due to the impact of previous inventory accumulation, the market price has dropped significantly, and the company's product prices have fallen by about 15% year-on-year. The company's production line will carry out staggered production, mainly under the arrangement of industry associations, to prevent vicious competition and avoid price wars. According to a person from Shangfeng Cement Company, the production bases located in the southwest and northwest regions have a greater intensity of staggered production this year, and the kiln needs to be shut down for a long time. A person from the Tower Group Company told a reporter from the Financial Associated Press that the span of cement staggered production this year is longer. In the Guangdong area where the company is located, the specific requirements are that production will be suspended for about 15 days each month from May to August.





