Cement Net Weekly Report: Concrete Demand Recovery Insufficient, Local Price Pressure Downward (9.16-9.20)

2024-09-20 17:55:34

Recently, the local weather conditions in China are not good, the recovery of market demand is insufficient, the price of concrete is mainly stable, and the local pressure is falling. From September 12 to September 18, the national concrete price index closed at 112.93 points, down 0.21% annually and 10.83% year-on-year.

From September 12 to September 18, the national concrete price index closed at 112.93 points, down 0.21% annually and 10.83% year-on-year. Regionally, the price of concrete in Beijing and Tianjin markets has been reduced by 20 yuan per square meter, while the price of concrete in other provinces and cities in China has basically remained stable.

Figure 1: Trend

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

From the perspective of market conditions

in the first and sixth regions, from September 12 to September 18, The concrete price index in North China fell by 2.54%, while the concrete price index in other parts of the country remained stable.

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:

All can be viewed after purchase
Correlation

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.