In May, cement prices in many places rose. At the end of May, the average price of P.O42.5 bulk cement in China was 345.54 yuan/ton, up 5.29% annually. May
2024 National Cement Price Index CEMPI, Cement Price Index (CEMPI) K-line
Chart June cement prices can continue to maintain this upward trend? Can the concrete market reverse the decline due to the impact of cement prices? What will be the trend of sand and gravel? In terms of
cement, in May, cement prices in many places rose due to factors such as peak staggering, tight supply and circulation in some areas, rising coal prices, long-term low cement prices, strong willingness of manufacturers to raise prices, and the imminent implementation of the new national standard. Looking forward to June, many regions will increase the intensity of kiln shutdown in the off-season. It is expected that the supply will shrink, the inventory will decline, and the cement price will fluctuate slightly. In terms of
concrete, the start-up of new projects in May was still weak, the demand for concrete market was mainly supported by stock projects, and the shipments of enterprises were generally lower than the same period in previous years. Looking forward to June, China will gradually enter the hot and rainy season, the construction conditions are expected to weaken, and the concrete market demand may be dominated by weakening operation. In addition, the upstream raw material enterprises have a strong willingness to push up, and the support of concrete cost side will be strengthened. In terms of
sand and gravel, the national sand and gravel market showed an overall weak trend in May. The price of natural sand showed great volatility, falling first and then rising. In the first ten days, with the increase of the exploitation of Dongting Lake sand project, the supply of natural sand increased and the price declined. Restricted by environmental protection and other factors in the latter half of the year, the exploitation of Dongting Lake was limited, the supply of natural sand was reduced, and the price rose accordingly. Looking forward to June, it is expected that the overall price of sand and gravel will be weak due to factors such as rainfall and excessive release from the supply side.
Building materials market, organic in danger, danger can turn around. At 3:00 p.m. on June 7, 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 the code to make an appointment for live broadcast.
