Weekly Report of Cement Network: Demand in Central and South China is lower than expected, and concrete price is unable to support (4.01-4.07)

2024-04-07 14:54:00

Demand falls short of expectations, concrete prices are unable to support..

China Cement Net Market Data Center News: Demand is not as good as expected, concrete prices are unable to support.. (more Zhongnan mixed prices )

Guangdong and Guangxi regions. Supported by key projects, the demand in some regions of Guangdong has basically reached the normal level, but the problem of funds still exists, and the current market is mainly weak and stable. Guangxi, affected by the rainy season and other factors, the overall market demand and sales are weak, and the current price has not changed significantly.

Two lakes market. Recently, the price of raw materials in many places in Hunan has fallen, the superimposed demand is not good, and the price of concrete lacks support. Since April 1, many places in Hunan have entered the flood season, with more showers and obvious cooling in the later period. It is expected that the concrete market in Hunan will be stable and weak in the later period . The market in Hubei remained stable and the price was basically low. The price of raw materials

in Henan fluctuates frequently, but the demand is not good, the price of concrete is weak, and most of them are wait-and-see.

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Correlation

Due to the continuing downturn in the downstream construction industry, some Korean cement companies predict that domestic cement demand will fall below 40 million tons in 2025.