Cement Network Weekly Report: Precipitation in Many Places Decreases, Concrete Market Price Temporarily Stable (07.01-07.05)

2024-07-05 17:34:54

Rainwater in the south has decreased recently, but the growth rate of downstream construction demand is limited, and the price of concrete is mainly stable. From June 27th to July 3rd, the national concrete price index closed at 117.92 points, and the ring ratio remained stable.

From June 27 to July 3, the national concrete price index closed at 117.92 points, which remained stable, with a year-on-year decline of 11.14%. Regionally, concrete prices in all provinces and cities in China have maintained stable operation.

Figure 1: Trend

of Concrete Price Index in Recent Year Data Source: Cement Big Data (https://data.ccement.com/)

All can be viewed after purchase
Correlation

According to the information from China Cement Market Data Center, the demand in Northwest China is weak, the demand in Guanzhong of Shaanxi has reached the peak, but the enterprises have stabilized the price to support the market, and the pressure of dark drop is looming; the price depression in Ningxia continues to impact the market in Gansu and Shaanxi; the situation of maintaining stability in Xinjiang is remarkable.