Recently, Jinan Housing and Urban-Rural Development Bureau announced the price fluctuation of main materials in Jinan construction market. In early August, the market demand for cement and commercial concrete in Jinan continued to decline, and the price continued to decline. The aggregate market was still stable and the price remained unchanged.
Details are as follows:
In the first half of the month, the market was affected by the downward trend of the market and the continuous decline of raw material prices, the spot price was weak, the trading volume continued to weaken, the price fell, and the overall price of building materials in Shandong weakened.
Specifically, in the off-season, the demand for steel continues to be weak, and the market demand is general. The average transaction price of spot snails (HPB300Φ8) in Jinan market is about 4066 yuan/ton, down 77 yuan, or about 1.86%, from the second half of July; The average transaction price of rebar (HRB400Φ16) was about 3829 yuan/ton, down 66 yuan, or about 1.69%, from the second half of July; The market demand in Shandong is still weak. In order to alleviate the inventory pressure, many enterprises in the province have increased the off-peak kiln shutdown time. Although the cement production and inventory have decreased, the release of physical workload in downstream construction sites is limited in the short term, and it still takes some time to stimulate the growth of cement demand. The market demand of cement and commercial concrete
in Jinan continued to decline, and the price continued to drop. PO42.5 bulk cement dropped by 30 yuan/ton compared with the second half of July, and commercial concrete dropped by 5 yuan/m3 compared with the second half of July. The market of sand and gravel aggregate was still stable, and the price remained unchanged. The market of asphalt concrete and commercial mortar was stable, and the price remained unchanged.
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