Weekly Report of Cement Net: Construction Weakens in Off-season, Concrete Price Steady (06.24-06.28)

2024-06-28 18:10:43

The recent rainy weather is still continuing, the downstream construction progress is slow, local shutdown occurs, and the price of concrete is stable and small. From June 20th to June 26th, the national concrete price index closed at 117.92 points, down 0.19% from the previous month.

From June 20 to June 26, the national concrete price index closed at 117.92 points, down 0.19% annually and 11.96% year-on-year. Regionally, the price of concrete in Hubei and Guangxi was reduced by 10-20 yuan per square meter, the price of concrete in Ningxia and Hainan markets was increased by 5 yuan per square meter, and the price of concrete in other provinces and cities in China 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.