Jiangsu, Zhejiang and Shanghai: The concrete market in Jiangsu, Zhejiang and Shanghai has experienced price fluctuations under the influence of multiple factors. Despite attempts by cement companies to push up prices, weak demand and inventory pressures have led to a price correction, leading to a decline in concrete prices. In the short term, prices may remain weak, and if demand does not improve in July, prices may fall further.
Jiangxi: This week, the overall price of concrete in Jiangxi is running smoothly, the market supply and demand performance is relatively flat, and the price has not been significantly adjusted. In terms of raw materials, the price of cement continued to be weak, but the downward transmission of the cost side to the concrete market was limited, the quotation of enterprises remained stable, and the market wait-and-see sentiment was strong. At present, the mainstream range of C30 non-pumping tax-inclusive price in Jiangxi area is still stable at around 260-280 yuan/m3. Affected by the slowdown of project progress in some areas, the transaction price is slightly loosened, but the overall fluctuation range is limited.
Anhui: This week, the concrete market in Anhui is weak, mainly affected by the falling price of raw cement, the pressure of production cost has eased, and the price of commercial concrete is under pressure. In some markets, due to the continued weakness of downstream demand, the extension of capital repayment cycle, the low level of enterprise shipments, the intensification of market competition and the increase of low-cost resources. At present, the price of raw materials such as cement shows a downward trend, and the inventory pressure in some regions is relatively high, and the supply side is relatively loose. It is expected that the concrete market in Anhui will continue to adjust weakly in the short term.
Shandong: The concrete market in Shandong continued to operate in a weak position, with prices stable as a whole and slightly loose in some areas. Affected by the high temperature and rainy weather, the downstream construction progress slowed down, the market demand further contracted, and the average daily shipments of mixing stations decreased slightly compared with last week. At present, the market wait-and-see sentiment is strong, enterprises mainly digest existing inventory, and the increment of new orders is limited. In the short term, under the dual pressure of weak demand and downward cost, it is expected that the concrete market in Shandong will remain weak, and there may be room for price adjustment in a narrow range.