Cement Network Weekly Report: Construction Progress in North China Slows, Concrete Market Weakens (5.20-5.24)

2024-05-24 15:36:43

Slowing down of construction progress and weakening of concrete market

China Cement Net Market Data Center News: Construction Progress Slows, Concrete Market Weakens … … Rainy weather occurred in some areas of Beijing, Tianjin and Hebei

this week, and the construction progress of some construction sites was hindered. As a result, concrete shipments showed a downward trend, although supported by new projects, the overall performance was unsatisfactory. In terms of price, the price of concrete in Hebei remained stable, but due to limited new demand, the mixing station mainly relied on stock projects, and the price was slightly weak. Concrete prices in Beijing and Tianjin also remained stable, with shipments rising from last week, but market demand remained flat. It is expected that the Beijing-Tianjin-Hebei region will be weak as a whole. The concrete market

in Shanxi is experiencing a slow demand recovery period. Despite the gradual recovery of the market, the average daily shipment volume has not increased significantly compared with the previous one. The instability of the recent construction progress of the construction site has further led to the weak and stable operation of the market. The price of concrete in Inner Mongolia remained stable, and there was no significant fluctuation in the market. Recently, the price of raw materials in the northeast of Inner Mongolia has increased, and there is room for the price of concrete to increase in the future. Generally speaking, the concrete market in the two regions is actively responding to the current challenges and striving to achieve stable development of the market.

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Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.