Zheng Quan Shi Bao Wang·2025-08-13 00:41Core Viewpoint - In July, the cement industry experienced a seasonal downturn, with reduced demand due to high temperatures and rainfall affecting downstream construction activities, leading to an increase in kiln stoppage rates and rising clinker inventory, resulting in significant supply-demand imbalances and declining cement prices. However, demand is expected to gradually recover in late August, potentially stabilizing and increasing cement prices [1]. Industry Summary - July was characterized as a seasonal off-peak period for the cement industry, with decreased demand impacting overall performance [1] - High temperatures and rainfall negatively influenced downstream construction activities, contributing to reduced cement demand [1] - The national clinker kiln stoppage rate increased, indicating a slowdown in production [1] - Clinker inventory continued to grow, exacerbating supply-demand conflicts within the industry [1] - Cement prices showed a downward trend across the board due to these factors [1] - Looking ahead, demand is anticipated to gradually rebound in late August, which may lead to a stabilization and potential increase in cement prices [1]