[Concrete Price Index October Report]: Local construction is accelerated, and the rise and fall of commercial concrete price is relatively small.

2023-11-01 16:35:31

In October, the domestic construction conditions were still acceptable, coupled with the increase in the arrival rate of capital construction funds, local construction was accelerated, but the overall demand was still lower than same period in previous years, and the rise and fall of concrete prices was relatively small. By the end of October, the National Concrete Price Index (CONCPI) had closed at 125.04 points, down 0.49% from the end of September and 12.02% from the same period last year.

In October, the domestic weather conditions were suitable for carrying out construction activities, and the northern part entered the rush stage, and the construction intensity was higher than that in the previous period. On the demand side, the issuance of government special bonds was basically completed, the capital arrival rate of infrastructure projects was improved, new projects were launched one after another, and the demand for concrete increased. However, due to the drag of real estate construction, the overall domestic concrete shipments were still lower than peak season level in previous years. At the same time, upstream cement plants continue to push up the price of raw materials, the implementation of the increase is better than previous period, and the pressure of production cost of mixing stations is gradually increasing. On the whole, the supply and demand of domestic concrete market improved slightly in October, and the price decline narrowed.

By the end of October, the National Concrete Price Index (CONCPI) closed at 125.04 points, down 0.49% from the end of September and 12.02% from the same period last year.

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

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

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Correlation

By the end of May, the National Concrete Price Index (CONCPI) closed at 99.35 points, down 0.99% from the end of April and 16.20% from the same period last year.

2025-06-10 15:24:35

Rainwater in some regions of China is still on the high side, coupled with tight market funds, limited actual demand increment, coupled with weak cost-side support, concrete prices continue to fall. By the end of April, the National Concrete Price Index (CONCPI) had closed at 120.21 points, down 1.77% from the end of March and 13.35% from the same period last year.

2024-05-06 18:10:56

In October, the domestic construction conditions were still acceptable, coupled with the increase in the arrival rate of capital construction funds, local construction was accelerated, but the overall demand was still lower than same period in previous years, and the rise and fall of concrete prices was relatively small. By the end of October, the National Concrete Price Index (CONCPI) had closed at 125.04 points, down 0.49% from the end of September and 12.02% from the same period last year.

2023-11-01 16:35:31

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