Cement prices in the Pearl River Delta region of Guangdong have declined.

2024-05-09 13:59:12

Around May 1st, some manufacturers in the Pearl River Delta region of Guangdong loosened and lowered the price of cement by about 10-20 yuan/ton.

China Cement Network Market Data Center News: The recent continuous rain weather in Guangdong, the market demand performance is weak, enterprise shipments in general, coupled with the impact of foreign low-cost cement, local enterprises inventory pressure. In order to seize the off-season market share, some manufacturers in the Pearl River Delta region of Guangdong Province loosened and lowered the cement price by about 10-20 yuan/ton around May 1. Other enterprises in the region follow up with a larger downward expectation.. (more Guangdong cement prices )

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Correlation

CEMPI

118.23

-0.86 -0.72%

CONCPI

100.27

-1.80 -1.76%

CLKPI

125.03

-0.50 -0.40%

SPPI

48.28

-0.10 -0.21%

MORPI

78.47

-1.08 -1.36%

Weekly Report of Cement Net: Slow Recovery of Concrete Demand, Steady Decline of Market Quotation (2.17-2.21)

This week, the pace of downstream resumption of work in most regions of China is still relatively slow, coupled with the unstable support of the cost side, the price of concrete has declined steadily. From February 17 to February 21, the national concrete price index closed at 100.27 points, down 1.76% annually and 19.23% year-on-year.