[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

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

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

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

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

Among them, there are four test and verification platforms related to cement and concrete industries. They are: carbon capture technology pilot verification platform (China Resources (Holdings) Co., Ltd.), hydrogen calcination thermal simulation pilot verification platform (China National Building Material Group Co., Ltd.), oxy-fuel combustion thermal simulation pilot verification platform (China National Building Material Group Co., Ltd.), and low carbon concrete pilot verification platform prepared from coal and electricity solid waste (China National Building Material Group Co., Ltd.).