Cement Net Weekly Report: Concrete Cost Side Continues to Bear Pressure, Market Price Rises Steadily (11.4-11.8)

2024-11-08 17:41:17

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.

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. Regionally, local concrete prices in Hainan and Yunnan increased by 20-25 yuan per square meter, local concrete prices in Fujian, Hubei, Guangxi and Hubei increased by 5-10 yuan per square meter, and concrete prices in other provinces and cities in China remained stable.

Figure 1: Trend

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

1

. From October 31 to November 6, the concrete price index in Southwest China fell by 1.49%, that in Central South and East China fell by 0.43% and 0.14%, respectively, while that 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

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.