Weekly Report of Cement Net: Insufficient Newly Commenced Projects, Weakening Concrete Market (07.15-07.19)

2024-07-19 17:35:12

Some regions in China are affected by high temperature and rain weather, coupled with insufficient new projects, the price of concrete is weakening. From July 11th to July 17th, the national concrete price index closed at 116.73 points, down 0.47% from the previous month.

From July 11 to July 17, the national concrete price index closed at 116.73 points, down 0.47% annually and 11.64% year-on-year. From the perspective of regions, the price of concrete in Chongqing market has been reduced by 30 yuan/m3; the price of concrete in Inner Mongolia, Shanxi, Jiangxi and Hainan has been reduced by 10-20 yuan/m3; the price of concrete in Henan, Jiangsu and Shandong has been slightly reduced by 5-10 yuan/m3; the price of concrete in other provinces and cities in China has remained stable.

Figure 1: Trend

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

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Correlation

On April 1, 2025, the Second Session of the Fifth Council of Sichuan Cement Association and the 2025 Working Conference were successfully held in Chengdu. The meeting was presided over by Du Yunlong, Secretary-General of Sichuan Cement Association, and invited Qing Jiasheng, Director of Material Industry Department of Sichuan Economic and Information Department, Chen Qiang, Head of Atmospheric Department of Sichuan Ecological Environment Department, Yan Songlin, a first-level researcher, to give guidance. Heads and key personnel of the Party Branch, Secretariat, Board of Supervisors, Executive Group and Supervisory Group of Sichuan Cement Association, heads of major cement enterprises in Sichuan Province and their sales leaders,