Weekly Report of Cement Net: Weak Demand in Central and South China, Weak Rise in Concrete Price (6.10-6.14)

2024-06-14 15:51:55

Demand is weak, concrete prices are weak..

China Cement Net Market Data Center News: Demand is weak. The price of concrete is weak.. (More prices of commercial concrete in central and southern China)

Guangdong and Guangxi: After the price of cement in Guangxi was raised by 30 yuan/ton at the beginning of the month, the price of concrete was mainly stable. On the 14th, the regional leading enterprises again notified the increase of cement price by 30-40 yuan/ton, with a cumulative increase of 60-70 yuan/ton in a month. Driven by this, the production cost of commercial concrete enterprises will increase, and the subsequent concrete price will be stable and strong. The continuous rainy weather in Guangdong affects the market demand, the competition among enterprises is large, and the price of raw materials continues to fall. Some commercial mixed enterprises in the Pearl River Delta market continue to operate steadily and weakly.

Two lakes area: According to the market understanding, the concrete market in Hunan is currently dominated by stable prices, and the downstream has a wait-and-see mentality. Before the festival, due to the rising price of raw material cement, a small number of commercial mixed enterprises showed a strong willingness to raise prices, but most enterprises are still mainly stable prices, cautious about the future market, and mainly just need stable shipments. After the festival, cement prices in many places in Hunan continue to show an upward trend, which may have a certain role in promoting the cost of concrete. However, concrete prices are expected to remain stable despite the rise in raw material costs. At present, the mainstream price of C30 non-pumping tax in Hunan is about 310-360 yuan per square meter. Hubei market, due to the overall poor performance of demand, enterprise shipments in general, coupled with the recent fall in raw cement prices, concrete market support is weak, the overall weak and stable operation.

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Due to the continuing downturn in the downstream construction industry, some Korean cement companies predict that domestic cement demand will fall below 40 million tons in 2025.