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

133.77

+0.03 +0.02%

CONCPI

112.35

-0.15 -0.13%

CLKPI

141.57

+0.39 +0.28%

SPPI

50.58

-0.05 -0.10%

MORPI

80.53

+0.10 +0.12%

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