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

Etuoke Banner Yongheng Cement Co., Ltd. was established on July 29, 2009, with its registered address located in the south of Jinghua Oxygen Plant, Qipanjing Industrial Park, Qipanjing Town, Etuoke Banner, Ordos City, Inner Mongolia Autonomous Region, and its legal representative is Wu Yongping. Its business scope includes licensed business items: production and sales of cement. General business items: sales of coal gangue, fly ash, clinker, limestone, granulated slag and gypsum.