Can the cement market continue to rise in July when the traditional demand off-season comes?

2024-07-08 16:16:39

With frequent high temperature and rain weather, the building materials market has entered the off-season of traditional demand.

High temperature rain weather is frequent, the building materials market has entered the traditional off-season demand, what is the market trend? In terms of

cement, although the off-season characteristics of the cement market in June have been very obvious and the supply and demand have weakened synchronously, the inventory of cement and clinker has declined due to the disturbance of supply factors such as peak staggering and increased production costs. Cement prices across the country continued to rise. Looking forward to July, the operation characteristics of weak supply and demand may continue, and the cement price will rise by a large margin from May to June. The market is still in the process of digestion, and it is expected that the cement price will show a weak trend in July. In terms of

concrete, the supply and demand performance of the concrete market was relatively low in June, with local concrete prices in Northeast China, Sichuan, Chongqing, Yunnan and Ningxia rising slightly with the cost, while most other regions still fell, and the overall trading focus continued the downward trend. Looking forward to July, the trading atmosphere of concrete market is relatively flat, the support of superimposed cost is limited, and the possibility of stable and weak operation of concrete price index is expected to be greater. In terms of

sand and gravel, the national sand and gravel market showed a trend of differentiation in June. The market in Northeast China remained stable, while the overall market in North China was temporarily stable, although there was a trend of price increase in some areas. The recovery of market demand in Northwest China is slow and the price is weak. Affected by multiple factors such as high temperature, rain and holidays, the market in East China is weak as a whole, and prices in some areas have declined. The market demand in the central and southern regions is sluggish, and prices are generally low. Although there are signs of local price increases in southwest China, the market as a whole is still in the doldrums. Looking forward to July, with the deepening of the sand and gravel off-season, the national high temperature and rain weather continues, and the market is expected to maintain a stable and weak operation situation.

The market seeks balance in the imbalance of supply and demand, price fluctuation and regional market differentiation. At 3:00 p.m. on July 11, the senior researchers of Cement Big Data Research Institute of China Cement Network will interpret the market changes from the aspects of supply, demand, macro-economy and so on. For more details, please pay attention to the live broadcast of "Sharing Hui · Building Materials Observation" cement network APP video line. Welcome to scan the code and make an appointment for live broadcast.

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Correlation

Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.