In March, the market demand for concrete picked up, and the price of commercial concrete in China rose steadily. In the first ten days of March, the weather in China was good, the construction of infrastructure projects in the southern region was accelerated, and the shipment of concrete increased compared with the previous period, and partially recovered to about 7-8%. In late March, the domestic precipitation weather increased significantly, which hindered the further recovery of demand, coupled with the low start-up rate of real estate projects, the overall shipment of concrete market did not increase significantly. On the whole, the concrete market showed a slow recovery trend in March, and the quotations of enterprises were mainly stable. However, due to the gradual implementation of local raw material price increases, cost-side support has been strengthened, so concrete prices in individual provinces have increased accordingly.
By the end of March, the National Concrete Price Index (CONCPI) closed at 140.28 points, up 0.37% from the end of February and down 6.63% from the same period last year.
Figure 1: Trend and Operation of National Concrete Price Index in March (Point)
Data Source: Cement Big Data (https://data.ccement.com/)
浙公网安备33010802003254号