Weekly Report of Cement Net: Hot and Rainy Weather Continues, Weak Downward Trend of Concrete Price (8.5-8.9)

2024-08-09 18:09:08

The domestic market continued to be controlled by the hot and rainy weather, the market demand was weak, the price of concrete continued to fall steadily, and the decline in Sichuan and Chongqing was relatively large. From August 1st to August 7th, the national concrete price index closed at 114.86 points, down 0.43% from the previous month.

From August 1 to August 7, the national concrete price index closed at 114.86 points, down 0.43% annually and 11.94% year-on-year. In terms of regions, the price of concrete in Chongqing and some parts of Sichuan has been reduced by 10-30 yuan/m3; the price of concrete in Tianjin and some parts of Jiangsu has been reduced by about 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 the Past Year Data Source: Cement Big Data (https://data.ccement.com/)

1. From the perspective of regional market conditions

, from August 1 to August 7, In the southwest region, the decline was relatively large, and the concrete price index fell by 3.49% on a month-on-month basis; in North China and East China, the decline was slight, and the concrete price index fell by 0.51% and 0.23% on a month-on-month basis, respectively; the concrete price index in other regions in China 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.