Cement Network Weekly Report: Construction Progress in North China Improves, Market Demand Growth Is Still Limited in Low Season (8.12-8.16)

2024-08-16 17:10:08

With the improvement of construction progress in North China, the growth of market demand is still limited by the off-season.

China Cement Net Market Data Center News: Construction progress in North China has improved, and market demand growth is still limited by the off-season (more mixed prices in North China)

. This week, construction in the Beijing-Tianjin-Hebei region has benefited from reduced rainfall, and construction progress has accelerated. However, due to the dual impact of construction off-season and insufficient support for key projects, the growth of concrete market demand and shipment volume is still limited. Nevertheless, the market price is relatively stable. During the week, the price of cement in northern Hebei was first notified to be raised by 30 yuan/ton, and Shijiazhuang and Baoding are also considering following up the price adjustment plan. If the pressure of rising raw material costs continues, it is not excluded that concrete prices will follow suit. But further recovery in the overall market has been limited by a dearth of new projects and adverse weather conditions, which together have dampened demand growth. The concrete market

in Shanxi has recently shown a weak demand, mainly affected by the completion of large-scale infrastructure projects, the demand for concrete has decreased significantly, and the balance between supply and demand in the market has been challenged, resulting in weak growth in shipments. At the same time, the concrete market demand in Inner Mongolia continues to be at a low level, although the price remains relatively stable, but the market activity is obviously insufficient.


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