Cement Net Weekly Report: Concrete Demand Declines with Stability, Market Price Finishes in a Narrow Range (10.28-11.1)

2024-11-01 01:06:33

Recently, the domestic temperature has dropped, local demand has dropped compared with the previous period, and the price of concrete market is mainly in a narrow range. From October 24 to October 30, the national concrete price index closed at 112.12 points, down 0.02% annually and 10.33% year-on-year.

From October 24 to October 30, the national concrete price index closed at 112.12 points, down 0.02% annually and 10.33% year-on-year. Regionally, the price of local concrete in Heilongjiang was reduced by 5 yuan per square meter, while the price of concrete in other provinces and cities in China continued to run smoothly.

Figure 1: Trend

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

1

. From October 24 to October 30, the concrete price index in Northeast China fell by 0.39% annually, while the concrete price index in other parts of the country remained stable.

Table 1: Comparison

of Concrete Price Indices in Six Regions Data Source: Cement Big Data (https://data.ccement.com/)

The concrete market in different regions is as follows:


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.