[Concrete Price Index December Report]: The construction progress in the south has slowed down, and prices in many places have declined.

2023-01-04 11:40:36

Despite the optimization and adjustment of the epidemic prevention policy, the overall construction progress in China has further slowed down due to the approaching New Year and the low temperature, and the demand for concrete in the southern market has gradually weakened. By the end of December, the National Concrete Price Index (CONCPI) closed at 141.07 points, down 0.93% from the end of November, compared with the same period last year. Prices fell by 10.26%.

In December, the concrete market demand weakened, and the national commodity concrete price index showed a downward trend. In December, the domestic epidemic prevention policy was optimized and adjusted, the mobility of personnel and materials was improved, and the restrictions of policy factors on construction were weakened. However, affected by the low temperature weather and the increase of positive cases, the actual downstream construction demand maintained a weakening trend in the off-season, only in the southern part of the country, concrete shipments still declined. At the same time, the price of upstream raw materials such as cement and sand has been declining, and the cost side support is relatively weak.

By the end of December, the National Concrete Price Index (CONCPI) closed at 141.07 points, down 0.93% from the end of November and 10.26% from the same period last year.

Figure 1: Trend and Operation

of National Concrete Price Index in December Data Source: Cement Big Data ( https://data.ccement.com/)

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Correlation

[May Report of Concrete Price Index]: Downward Demand and Falling Cost, Domestic Commercial Mixed Prices Generally Fall

In May, the rainy weather in the south continued, the demand for concrete market still declined, coupled with the obvious drop in costs, domestic commercial mixed prices generally fell. By the end of May, the National Concrete Price Index (CONCPI) had closed at 136.22 points, down 1.81% from the end of April and 8.22% from the same period last year.

2023-06-01 16:40:45

[Concrete Price Index March Report]: The market demand is slowly recovering, and the concrete price is rising steadily.

In March, driven by infrastructure projects, the downstream construction volume increased annually, but the market demand in most areas has not yet recovered to the same period in previous years, and the price of concrete is stable and strong. 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.

2023-04-04 09:16:13

[Concrete Price Index February Report]: The downstream demand has started one after another, and the market price has fallen steadily.

After the Lantern Festival, the construction demand in the southern market has gradually recovered, but the overall situation is still weaker than same period in previous years, and the price of concrete has generally remained stable and fallen, with only a slight rise in the central and southern parts. By the end of February, the National Concrete Price Index (CONCPI) had closed at 139.76 points, down 0.24% from the end of January and 8.08% from the same period last year.

2023-03-01 16:50:19

[January Report of Concrete Price Index]: The demand before the festival is basically over, and the price is stable after falling.

Coinciding with the Spring Festival holiday, domestic construction projects basically entered a state of holiday shutdown, concrete market turnover dropped to a low level, some concrete enterprises continued to lower their quotations before the festival, and prices have basically maintained stable operation since the Spring Festival. By the end of January, the National Concrete Price Index (CONCPI) had closed at 140.09 points, down 0.69% from the end of December and 9.39% from the same period last year.

2023-02-02 16:03:44

[Concrete Price Index December Report]: The construction progress in the south has slowed down, and prices in many places have declined.

Despite the optimization and adjustment of the epidemic prevention policy, the overall construction progress in China has further slowed down due to the approaching New Year and the low temperature, and the demand for concrete in the southern market has gradually weakened. By the end of December, the National Concrete Price Index (CONCPI) closed at 141.07 points, down 0.93% from the end of November, compared with the same period last year. Prices fell by 10.26%.

2023-01-04 11:40:36

CEMPI

105.06

-0.23 -0.22%

CONCPI

94.30

-1.31 -1.37%

CLKPI

103.69

-0.83 -0.79%

SPPI

45.16

+0.02 +0.04%

MORPI

76.51

-0.42 -0.55%

The amount involved was 95.25 million yuan! Hainan Ruize Sues China Resources Building Materials Technology and Jingang Cement

The announcement shows that due to disputes over equity transfer, Hainan Ruize has filed a lawsuit with the Suburban People's Court of Sanya City, Hainan Province, listing Huarun Building Material Technology Co., Ltd. and Zhaoqing Jingang Cement Co., Ltd. as defendants, involving about 95.25 million yuan and lawyer fees, litigation fees, preservation fees, assessment fees, etc.