[Concrete Price Index April Report]: The market is flat and prices continue to fall

2024-05-06 18:10:56

Rainwater in some regions of China is still on the high side, coupled with tight market funds, limited actual demand increment, coupled with weak cost-side support, concrete prices continue to fall. By the end of April, the National Concrete Price Index (CONCPI) had closed at 120.21 points, down 1.77% from the end of March and 13.35% from the same period last year.

In April, some regions in China were still affected by rain weather, coupled with the slow progress of government special bond issuance, weak construction intensity of housing and infrastructure projects, and the market demand for concrete remained at a low level in the same period in previous years. At the same time, the inventory pressure of upstream raw material enterprises is high, the implementation of price push is limited, and the support of cost side is weak. Affected by this, the concrete market in April was still relatively flat, and the focus of the transaction continued to decline.

By the end of April, the National Concrete Price Index (CONCPI) closed at 120.21 points, down 1.77% from the end of March and 13.35% from the same period last year.

Figure 1: Trend and Operation of National Concrete Price Index in April (Point)

Data Source: Cement Big Data (https://data.ccement.com/)

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Correlation

By the end of May, the National Concrete Price Index (CONCPI) closed at 99.35 points, down 0.99% from the end of April and 16.20% from the same period last year.

2025-06-10 15:24:35

Rainwater in some regions of China is still on the high side, coupled with tight market funds, limited actual demand increment, coupled with weak cost-side support, concrete prices continue to fall. By the end of April, the National Concrete Price Index (CONCPI) had closed at 120.21 points, down 1.77% from the end of March and 13.35% from the same period last year.

2024-05-06 18:10:56

In October, the domestic construction conditions were still acceptable, coupled with the increase in the arrival rate of capital construction funds, local construction was accelerated, but the overall demand was still lower than same period in previous years, and the rise and fall of concrete prices was relatively small. By the end of October, the National Concrete Price Index (CONCPI) had closed at 125.04 points, down 0.49% from the end of September and 12.02% from the same period last year.

2023-11-01 16:35:31

In May, the rainy weather in the south continued, the demand for concrete market still declined, coupled with the obvious drop in costs, domestic commercial mixed prices generally fell. By the end of May, the National Concrete Price Index (CONCPI) had closed at 136.22 points, down 1.81% from the end of April and 8.22% from the same period last year.

2023-06-01 16:40:45