TAPAI GROUP: Cement prices in the Pearl River Delta have recently increased, with expectations that prices in the fourth quarter will be higher than the same period last year

TAPAI GROUP stated during an institutional survey that it entered the traditional sales peak season in September, and recently, cement prices in the Pearl River Delta have begun to rise. After several rounds of price increases in the first quarter, cement prices in the Pearl River Delta started to continuously decline to a low point at the end of the second quarter. With the traditional sales peak season approaching and the external impact of cement from Guangxi's Xijiang decreasing as it enters the dry season, cement prices in the Pearl River Delta are expected to bottom out and rebound. Considering the current cement price situation, it is anticipated that cement prices in the fourth quarter will be higher than the same period last year