1. Price trend of
steel, cement and sand in July (1) Steel prices were mixed. According to the price monitoring data of Jiangxi steel market and Fuzhou Trade Square steel market, the sales prices of 44 steel varieties monitored in July were 18, 15 and 11 flat. The average sales price of wire rod (high-speed wire 6.5, HPB300 and high-speed wire 8, HPB300) was 4145.00 yuan/ton and 4120.00 yuan/ton respectively, with a slight increase of 0.18% and 0.18% respectively, and a decrease of 7.30% and 10.36% respectively. The average sales price of rebar (φ12 mm HRB400E) was 3908.75 yuan/ton, up 0.68% from the previous year and down 6.99% from the previous year.
(2) Decline in cement prices. In July, the average price of 42.5 strength ordinary Portland cement in the province was 461.42 yuan/ton, down 3.68% annually and 8.83% year-on-year.
(3) The prices of river sand, machine-made sand and gravel are relatively stable. In July, the average prices of river sand (particle size 0-5mm), machine-made sand (particle size 0-5mm) and gravel (local kingpin) in the whole province were 125.98 yuan, 97.25 yuan and 88.93 yuan per ton, respectively, which were flat, down 0.34% and 0.08% annually, down 0.77%, 2.72% and 1.31% year-on-year.
2. Forecast
of the price trend of steel, cement and sand in August The main factors supporting the price rise of steel, cement and sand in August are as follows: First, the price rise of raw materials such as iron ore and coke plays a supporting role in the cost side. Second, steel mills in some provinces have recently been notified of "flat control", and the steel supply side in Jiangxi Province has also been tightened. The main factors restraining the price rise of steel, cement and sand in August are as follows: First, the hot weather in August is the traditional construction off-season, and the demand side is weak. Second, the Federal Reserve raised interest rates again at the end of last month, dragging down steel prices. Therefore, we expect steel prices to show a trend of shock adjustment in August. Since
this year, the recovery of the real estate industry has been slow, and the recovery process is far from being transmitted to the construction side. Therefore, we expect that the price of cement will continue to decline and the price of sand and gravel will remain stable.