[Concrete Price Index April Report]: Precipitation in the South is increasing, and the price of commercial concrete is mainly falling

In April, the cost support of concrete market weakened, and the price of commercial concrete in China mainly fell. After the Qingming Festival, the domestic rain weather increased, which was not conducive to the development of construction activities. In April, the growth of downstream infrastructure orders slowed down, the construction of housing projects was still low, and the overall demand for concrete market was weak and stable. At the same time, the prices of raw materials such as cement and sand in the upstream continue to fall, the cost-side support is relatively weak, and the situation of concrete enterprises'price concessions is increasing. On the whole, the domestic concrete market gradually weakened in April, and the market price loosened downward.

By the end of April, the National Concrete Price Index (CONCPI) closed at 138.73 points, down 1.10% from the end of March and 7.03% from the same period last year.

Figure 1: Trend and Operation of National Concrete Price Index in April (Point)

Data Source: Cement Big Data (https://data.ccement.com/)