Weekly Report of Cement Net: Market Demand Weakens, Concrete Price Is Mainly Stable (06.10-06.14)

2024-06-14 17:35:49

After the festival, the market demand in most regions tends to be weak, and the focus of concrete transactions is mainly stable. As of June 12, the national concrete price index closed at 118.39 points, down 0.03% annually and 12.69% year-on-year.

From June 6 to June 12, the national concrete price index closed at 118.39 points, down 0.03% annually and 12.69% year-on-year. Regionally, the price of local concrete in Hebei has been reduced by 10 yuan per square meter, while 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.