Cement Net Weekly Report: Concrete Market Demand Continues to Weaken, Quotations in Many Places Decline Steadily (12.23-12.27)

From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year. Regionally, some concrete prices in Shaanxi, Tianjin, Shanxi, Jiangxi, Zhejiang, Liaoning, Jilin, Hainan, Hubei and Guangdong markets have been reduced by 10-20 yuan per square meter, while concrete prices in other provinces and cities in China continue to run smoothly.

Figure 1: Trend

of Concrete Price Index in the Past Year Data Source: Cement Big Data (https://data.ccement.com/)

1

. From December 19 to December 25, the concrete price index in Northwest and Northeast China fell slightly, with a month-on-month drop of 2.31% and 1.75%; the concrete price index in North China, East China and Central South China fell by 1.52%, 0.79% and 0.39%, respectively; the concrete price index in Southwest China continued to operate steadily.

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: