Cement price rise trend in the second half of Jiangsu

Abstract: The reporter learned from Jiangsu Provincial Price Bureau, the first half of this year, Jiangsu's economy has maintained a good upward trend, an important industrial capital goods prices were also higher than last year. Price Bureau of Jiangsu Province, according to relevant sources, this year, steel prices to narrow ranges mainly run without sharp rise and fall.

 Reporter from Jiangsu Provincial Price Bureau was informed that the first half of this year, Jiangsu's economy has maintained a good upward trend, important industrial capital goods prices were also higher than last year. Expected in the second half, the overall trend of the market in Jiangsu means of maintaining steady growth, continued to show declining growth rate and price shocks down the pattern. Among them, the third quarter as manufacturing, real estate, the continued slowdown in growth, the market continued to decline in the stabilization of; the fourth quarter after adjustments and re-distribution, market development will re-enter the stable growth period. - Steel narrow fluctuation data show that this year, the overall trend of steel prices inverted "V" type, and continued the rising trend of late last year, running generally sound. 4 Since the mid to late, the government macro-control policy impact the property market, steel prices fell for 14 consecutive weeks, the recent rebound. From this year's average price of view, still substantially higher than last year same period last year. 

Monitoring data show that from January to July this year, Jiangsu Province, the average price is 4075 yuan per ton of rebar, up 11.17 percent year on year; wire average price is 4158 yuan per ton, up 11.97% year on year. In addition, the average price of hot rolled plate rose 13.42%; average price of hot-rolled sheet rose 12.75%; cold-rolled sheet average price rose by 17.30%. Price Bureau of Jiangsu Province, according to relevant sources, this year, steel prices to narrow ranges mainly run without a sharp rise and fall. - Run by high coal price of crude oil futures, international coal prices and strong demand for coal in winter and the recent increase in rainfall in south China and other factors, this year, coal prices in Jiangsu Province, opening walk, 1-7 price shocks in the month running in July it reached its highest price this year for 875 yuan / ton. 1-7 month average price of coal province 860 yuan / ton, up 29.71 percent year on year.

 In addition, Jiangsu Province, mixed coal (coal mixed industrial boiler size <50mm) to 869 yuan / ton, up 21.54 percent year on year. Currently in the peak summer period, the expected short-term coal price of Jiangsu Province, will run at a high level, but does not rule out some areas, individual sessions, individual coal price fluctuations occur. - 

Cement price trend rose Furthermore, Jiangsu Province, cement prices stable. 1-7 months, cement (ordinary portland cement 42.5 intensity) the average price of 318 yuan per ton, up flat. From the trend of view, the beginning of the price of cement at 320 yuan per ton; then gradually down slightly, in March fell to lows of this year, running at 310 yuan; 4 mid to late since rebounded; at July 25, province's average price per tonne of cement of 321 yuan, and the beginning of this year roughly the same price level, but higher than last year's price level by 8.1%. cement industry is the seasonal characteristics of the more significant cyclical industry, is expected some time to come, Jiangsu Province stable cement prices are still dominated the fourth quarter, the expected strong price increases. Main reasons: First, the domestic cement market in Jiangsu Province is the highest concentration of regional, inter-firm price coordination is strong, difficult to market fluctuations. Second, fourth-quarter demand for cement to enter the traditional peak season, prices generally rose. Third, the cement industry in the second half put the new capacity will gradually decrease, the market supply exceeds demand pressures will be eased, there could push up the price slightly.

ArticleSource: ArticlesAlley.com