Weekly Report of Cement Net: More Rainy Weather, Weak Concrete Market (06.17-06.21)

2024-06-21 17:53:57

Many places in China reported that the rain weather increased, the market demand was weak, and the price of concrete was weak. From June 13th to June 19th, the national concrete price index closed at 118.15 points, down 0.20% from the previous month.

From June 13 to June 19, the national concrete price index closed at 118.15 points, down 0.20% annually and 12.76% year-on-year. Regionally, the price of concrete in Fujian, Jiangsu and Shandong was reduced by 20 yuan per square meter, the price of concrete in Chongqing market was increased by 5 yuan per square meter, and the price of concrete in other provinces and cities 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

CEMPI

125.55

+0.22 +0.18%

CONCPI

100.34

-0.09 -0.09%

CLKPI

126.73

+0.01 +0.01%

SPPI

49.38

-0.07 -0.14%

MORPI

77.95

-0.03 -0.04%

Weekly Report of Cement Network: Weak Cement Market Demand in Northwest China, Highlighting Pressure (4.21-4.25)

According to the information from China Cement Market Data Center, the demand in Northwest China is weak, the demand in Guanzhong of Shaanxi has reached the peak, but the enterprises have stabilized the price to support the market, and the pressure of dark drop is looming; the price depression in Ningxia continues to impact the market in Gansu and Shaanxi; the situation of maintaining stability in Xinjiang is remarkable.