[Weekly Review] Northwest China: Stable Demand, Stable Concrete Price (7.31-8.04)

2023-08-04 16:35:59

The demand is mainly stable, and the price of concrete is stable.

China Cement Net Market Data Center News: The demand is mainly stable, and the price of concrete is stable and small. (More prices of commercial mixing in Northwest China)

Affected by rainy weather in some areas of Shaanxi, the construction sites and mixing stations are limited, and the shipments of enterprises are declining. The market demand is weak and the market is low. The demand in Guanzhong area is generally stable, mainly supported by the demand for infrastructure. Demand in Gansu and Ningxia is still weak, and prices remain basically stable. The markets in Qinghai and Xinjiang are stable as a whole, and there are basically no other changes except for the weather.

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Correlation

[Weekly Review] Northwest China: Local Demand Weakens, Concrete Prices Remain Stable (8.07-8.11)

Local demand is weakening, and concrete prices are mainly stable..

2023-08-11 16:47:02

[Weekly Review] Northwest China: Stable Demand, Stable Concrete Price (7.31-8.04)

The demand is mainly stable, and the price of concrete is stable.

2023-08-04 16:35:59

[Weekly Review] Northwest China: Local Demand Weakens, Concrete Prices Stabilize (7.03-7.07)

Partial weakening of demand and stabilization of concrete prices..

2023-07-07 16:14:15

CEMPI

102.84

+0.54 +0.53%

CONCPI

92.33

-0.57 -0.61%

CLKPI

106.59

+1.50 +1.43%

SPPI

44.88

0.00 0.00%

MORPI

75.16

-0.30 -0.40%

Cement Net Report: Sumitomo Osaka Cement Invests 15 Percent in Philcement, Philippines

On September 17, Sumitomo Osaka Cement announced a 15% capital injection into Philippine Phil Cement. The population of the Philippines is growing rapidly, the demand for infrastructure is booming, the growth rate of cement demand is in the forefront of Asia, and the market share of Phil Cement is considerable. After Sumitomo Osaka Cement restarted its export to the Philippines, the order gap was large, and this time it changed from "supplier" to "shareholder". After becoming a shareholder, it will introduce a number of technologies to help it build new demonstration lines and reduce carbon emissions. Japan's local cement demand has fallen six times in a row, and Sumitomo Osaka Cement has gone to sea in reverse, transforming excess capacity, exchanging technology for dividends, and laying the "second growth curve".