Cement Net Weekly Report: Concrete Market Demand Flat, Northeast Continues to Follow Raw Material Rise (06.03-06.07)

2024-06-07 00:41:49

Recently, domestic demand is still relatively flat, the cost pressure of mixing stations is increasing, and the Northeast continues to rise. As of June 7, the national concrete price index closed at 118.42 points, down 0.11% annually and 13.07% year-on-year.

From June 3 to June 7, the national concrete price index closed at 118.42 points, down 0.11% annually and 13.07% year-on-year. Regionally, the price of concrete in Liaoning market has increased by 30 yuan per square meter, the price of concrete in Zhejiang and Jiangsu has decreased by 20 yuan per square meter, and the price of concrete in other provinces and cities in China has remained basically stable.

Figure 1: Trend

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

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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.