Slow recovery of demand, weak rise in national cement prices!

2024-03-04 09:23:59

With the gradual improvement of the weather and the increase of downstream construction, it is expected that the cement price will fluctuate slightly stronger this week (3.4-3.8).

On March 1, the National Cement Price Index (CEMPI) closed at 107.19 points, up 0.26% from the previous month and down 22% from the previous year.

After the Lantern Festival, there were more rainy weather, poor construction sites and mixing stations, and slow recovery of market demand. However, some areas were slightly pushed up by the impact of peak staggering, environmental protection and rising costs. Generally speaking, there are few areas where cement prices are rising, and the national cement prices are rising weakly.

Figure 1: Trend of cement price index (point)

Data source: Cement Big Data (https://data.ccement.com/)

Figure 2: Trend of clinker price index (point)

Data source: Cement Big Data (HTTP://www. S://data. Ccement. Com/)

Specifically:

East China

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Southwest

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Northwest Territories

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North China

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Northeast

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Aftermarket Forecast: The weather will gradually improve, and the downstream construction will increase." Expected this week (3.4-3.

Attention: March 28-29, China Cement Net will hold a < a href = "https://www.ccement.com/news/content/48913439948355001." in Hangzhou.

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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.