Recently, Jiangxi Province released the price trend of sand, cement and steel in February. In February, the price of river sand was 127.98 yuan/ton, machine-made sand was 99.33 yuan/ton and gravel was 89.48 yuan/ton, and the price remained stable.
Cement prices fell
slightly in February, the average price of 42.5 strength ordinary Portland cement in the province was 509.14 yuan/ton, down 1.89% from the previous month and 18.27% from the previous year. The prices of
river sand, machine-made sand and gravel were relatively stable
. In February, the average prices of river sand (particle size 0-5mm), machine-made sand (particle size 0-5mm) and gravel (local kingpin) were 127.98 yuan, 99.33 yuan and 89.48 yuan per ton, respectively. The ring ratio rose slightly by 0.05%, fell slightly by 1.03% and 0.71% respectively, and fell by 1.58%, 6.92% and 3.36% respectively.
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 February rose by 40% and fell by 4%. The average sales price of wire rod (high-speed wire 6.5, HPB300 and high-speed wire 8, HPB300) was 4590.00 yuan/ton and 4720.00 yuan/ton respectively, with a slight increase of 26.5% and 2.57% respectively, and a decrease of 11.98% and 10.78% respectively. The average sales price of rebar (φ12mm HRB400E) was 4319.00 yuan/ton, up 2.57% from the previous year and down 10.78% from the previous year. Forecast
of the price trend of steel, cement and sand
in March The main factors supporting the price rise of sand, cement and steel in March are as follows:
First, March began to enter the traditional peak season, especially since the Spring Festival this year, the resumption rate of four rounds of projects has been stronger than that of the same period last year. And each round shows a steady upward trend, so it can be predicted that the market demand will remain at a high level and continue to release, which will play a strong supporting role in the price.
Two, the current market sentiment is more optimistic, and futures prices have been rising since mid February. The main factors that restrained the price rise of sand, cement and steel
in March are as follows:
First, the current leading steel mills have resumed production one after another, and the output has an increasing trend.
Second, the market's previous optimistic expectations of the Fed's monetary policy shift in the year have been corrected, and some agencies have predicted that the Fed will raise interest rates by 50 basis points in March.
Therefore, the price of cement will fluctuate, the price of sand and gravel will remain stable, and the price of steel is expected to fluctuate strongly in March.
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