At the end of winter in the northeast concrete market, the demand is weak and the price is stable.
China Cement Net Market Data Center News: Northeast Concrete Market Ends in Winter, Demand Is Weak, Price Is Stable (More Northeast Commercial Concrete Prices)
As the concrete market in Northeast China comes to an end, the market demand shows a weak trend. In terms of price, due to the increase in construction costs in winter, the cost increased slightly, but the overall price remained stable.
At the end of winter in the northeast concrete market, the demand is weak and the price is stable.
2024-11-22 17:21:53
CEMPI
102.6
+0.11 +0.11%
CONCPI
91.08
-0.27 -0.30%
CLKPI
109.25
0.00 0.00%
SPPI
45.12
0.00 0.00%
MORPI
74.84
0.00 0.00%
Pacific Cement announced on the 28th that it would acquire assets such as California Ready-Mixed Concrete Plant from Vulcan Company of the United States for $712 million (about 100 billion yen), the largest acquisition in its history. It is planned to be completed in December 2025, with sales of about $520 million in fiscal year 2024. After the acquisition, there will be 110 ready-mixed concrete factories in the United States, which can be expanded to northern California. Demand for infrastructure and housing in the United States is booming, while the domestic cement market in Japan is shrinking, so the company takes this opportunity to improve its profitability in the U.S. market, and says the acquisition has nothing to do with Trump's visit to Japan.
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