"Golden Nine Silver Ten" is the traditional peak season of the building materials market, and the high temperature weather gradually exits, driving the demand for building materials to pick up. However, last year, due to the lack of prosperity, the building materials market is difficult to flourish in the peak season. What is the market trend this year? In terms of
cement, in August, affected by the sustained high temperature and insufficient funds, the downstream start-up situation was sluggish and the terminal demand was still weak. Cement prices fluctuated and declined as a whole. In September, on the supply side, the current storage level is relatively high, enterprises in many places continue to carry out self-discipline self-help activities, continue to carry out off-peak shutdown, and it is expected that the pressure on the supply side is relatively small; on the demand side, the high temperature weather gradually exits, coupled with the acceleration of the issuance of special bond funds, downstream construction activities will be strengthened, and it is expected that the terminal demand will usher in a turning point; in summary, the supply-demand relationship may improve in September. In addition, after two months of decline in cement prices in July-August, the market has a strong willingness to raise prices, and it is expected that cement prices will show a strong trend of volatility in September. In terms of
concrete, in August, most regions in China were still affected by high temperature and rain weather, and outdoor construction activity did not improve significantly. There are insufficient orders in infrastructure and housing construction, the actual construction volume is still significantly lower than same period in previous years, and the concrete market demand is flat. In September, the high temperature in the southern region continued, the precipitation in the northern region was significantly higher than same period in previous years, and the domestic construction conditions did not improve significantly, which is expected to continue to drag down the recovery of demand. In terms of real estate, limited by capital and land turnover, the number of new projects will remain low, and the scale of construction will continue to shrink. In terms of infrastructure, despite the recent significant acceleration in the issuance of special bonds, it is still difficult to form a physical workload in the short term. Overall, the domestic concrete market demand increment in September is insufficient, the market is expected to remain relatively flat, and the concrete price index is more likely to remain weak and volatile. In terms of
sand and gravel, in August, the off-season characteristics of the market were highlighted, the hot and rainy weather continued to hinder the progress of outdoor construction, the capital chain of downstream projects was tight, few new projects were started, and the market demand continued to be depressed. Faced with this situation, the willingness to start construction of mixing stations is generally not high, and the construction progress is slow. At the same time, new production lines on the supply side are still accelerating into the market, the imbalance between supply and demand has not been substantially alleviated, and market sentiment is shrouded in pessimism. Affected by this, the price of sand and gravel in most cities continued to be weak, showing a continuous downward trend. In September, the market ushered in the dawn of the peak season, the issuance of special bonds and ultra-long-term treasury bonds accelerated, the capital environment was expected to improve, and the demand showed signs of warming up, which is expected to bring support to market prices. However, the supply side capacity continues to release, the supply and demand pattern is still tense, the price rebound is weak, the rebound momentum is slightly insufficient, but the price decline is expected to narrow. At 3:00 p.m.
on September 11, the senior researchers of Cement Big Data Research Institute of China Cement Network will interpret the market changes from the aspects of supply, demand, macro-economy and so on. For more details, please pay attention to the live broadcast of "Sharing Hui · Building Materials Observation" cement network APP video line. Welcome to scan code and make an appointment for live broadcast.
