中国银河证券:季节性旺季来临有望推动水泥价格上调
Core Viewpoint - The cement industry in China is currently experiencing a seasonal downturn in demand due to high temperatures and rainy weather, leading to decreased operational load of cement mills and a high clinker kiln shutdown rate [1] Industry Summary - In August, the average price of cement was 271.67 yuan per ton, reflecting a month-on-month decline [1] - The demand for cement remains weak, and the industry is facing an oversupply issue despite a decrease in clinker inventory [1] - A seasonal recovery in demand is expected from September to November, which, combined with accelerated capacity reduction efforts, may help balance supply and demand, potentially driving up cement prices [1]