Cement will plummet in 2020

There is news that cement will plummet in 2020. Many people are very concerned about this. Is this news true?

On June 20, 2020, Hebei Tangshan Hongye Cement Co., Ltd. notified the execution quotation. Among them, PO42.5 bulk cement is quoted at 280 yuan/ton.

It is understood that since the beginning of this year, cement in Hebei Province has been in a state of continuous decline. It has dropped from more than 500 yuan/ton at the end of last year to the current level of about 280 yuan/ton. In just a few months, the price per ton It plummeted by more than 200 yuan.

Recently, some industry insiders predict that after the rainy season in June and July, there will be a concentrated period of resumption of work in the downstream, which will stimulate the cement market in the short term. However, in the medium and long term, the cement surplus is still serious. Overall, the downstream demand side has not increased significantly. Future cement price increases will have to rely on human intervention and regulation such as coordination, joint platforms, peak staggering and production suspensions.

At the same time, due to changes in the external environment and the companies themselves, will the collaboration between major companies break down, and will the terrible "price war" continue?

The above is the relevant content about cement prices in 2020. I hope it will be helpful to everyone!