Cement Network Weekly Report: In the Recovery of Demand in Central and South China, Concrete Prices Are Weak and Stable (3.04-3.08)

2024-03-08 10:50:01

In the recovery of demand, concrete prices are weak and stable.

China Cement Net Market Data Center News: In the recovery of demand, the price of concrete is weak and stable.. (more mixed prices in Central and South China)

Guangdong and Guangxi regions. Guangdong market prices are temporarily weak and stable this week. Key projects in the Pearl River Delta region were basically resumed, and supported by this, the terminal demand recovered by 6-7%. However, there are fewer projects in other regions, the construction of real estate projects is sluggish, the volume of mixing stations is declining year on year, and the actual demand is still sluggish. In the Guangxi market, the weather has improved, the demand has recovered, and the market is mainly stable.

Two lakes market. Shipments in Hunan increased slightly this week, mainly due to better weather and a slight increase in production, but the daily shipments are still only a few hundred square meters. In terms of raw materials, the recent rise and fall are mainly mixed, but the price of concrete can not rise for the time being, and some markets are still weak. The Hubei market is generally weak and the demand recovery is slow.

Recently, the weather in Henan has improved, construction sites and mixing stations have begun to resume work, and the price of raw cement has a rising trend, but at present, the market demand is low, and the concrete market is temporarily stable.

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Due to the continuing downturn in the downstream construction industry, some Korean cement companies predict that domestic cement demand will fall below 40 million tons in 2025.