On June 27, the National Concrete Price Index (CEMPI) closed at 97.21 points, down 1.10% annually and 17.56% year-on-year.
This week, the national concrete market continued to operate under pressure. The southern region was generally affected by the heavy rainfall and continuous high temperature weather, the construction progress of the site slowed down significantly, and the market demand continued to be depressed. In the northern region, the market price system showed a downward trend due to the shortage of infrastructure funds, insufficient construction of new projects and slow progress of housing construction projects. In the raw material market, the prices of cement and aggregates have fallen across the board, resulting in the continuous weakening of the cost support of commercial mixing, and the current market as a whole has fallen into a vicious circle of "both volume and price fall".
Northeast China: Concrete raw materials in Northeast China "failed to push up", and the price system is facing adjustment pressure
. The concrete market in Northeast China is weak and stable. The two attempts to push up the cement market in June failed to land substantially, reflecting the dual dilemma of weak market demand and poor cost transmission. Under the background of insufficient construction of infrastructure projects and the predicament of housing construction funds, the transmission of concrete cost is blocked, the shipment of mixing stations continues to shrink, and the market as a whole presents a weak balance of "high open market, loose undercurrent". In the short term, if there is no fundamental improvement in demand and the price of clinker fails to rise, the market price system will face deep adjustment pressure.
Northwest China: The price of concrete market in Northwest China continued to decline
. This week, the concrete market in Northwest China as a whole showed the characteristics of regional differentiation. Shaanxi Guanzhong area is affected by the downward trend of cement prices, and the price of commercial mixing is also gradually declining. Due to overcapacity in Ningxia market, it is common for commercial mixed enterprises to exchange price for quantity. The price of commercial mix in Gansu has stabilized. The supply and demand of Qinghai market is balanced, and the price fluctuation is small. Affected by the transmission of cement price reduction in southern Xinjiang, the price of commercial mixing in Bazhou and Aksu areas declined slightly. At present, the short-term price of the northwest commercial mixed market is still dominated by low consolidation.
North China: The concrete market in North China is weak and declining, and the cost and price are weakening synchronously
. Beijing-Tianjin-Hebei: The concrete market in Beijing-Tianjin-Hebei region is currently facing the dual pressures of falling raw material prices and insufficient market demand. Although cement enterprises have the willingness to adjust prices, the actual implementation of the market is not ideal, and the decline in peripheral cement prices further weakens the overall price support. In the context of lower raw material costs, concrete prices weakened slightly, and the market as a whole showed a weak downward trend.
Shanxi, Inner Mongolia: This week, the concrete market in Inner Mongolia and Shanxi continued the downturn trend. Affected by the continuous weakening of cement prices in Shanxi Province, the quotations of commercial mixing enterprises were generally lowered, and some transaction prices in key cities such as Taiyuan fell below 220 yuan per square meter. Prices in the central and western parts of Inner Mongolia fell, while the eastern region remained stable for the time being. The market is facing multiple pressures such as shrinking infrastructure demand, housing construction drag, cement price reduction transmission and so on, and it is expected that the market will continue to maintain the trend of both volume and price decline in the short term.
East China: Concrete prices in East China are stable and weak
. Jiangsu, Zhejiang and Shanghai: Recently, the concrete market in Jiangsu, Zhejiang and Shanghai continued the downward trend in the off-season, and cement prices generally fell below the level before the price increase in early June. Concrete cost support continued to collapse, superimposed Meiyu high temperature weather led to a decline in construction intensity, and the shipments of mixing stations generally shrank. In order to maintain cash flow, some enterprises have increased their efforts to benefit secretly. Under the background of deep fermentation in the traditional off-season, it is expected that the decline will be difficult to change in the short term. The follow-up trend needs to pay attention to the strength of demand repair and the price stabilization actions of leading enterprises after the end of the rainy season in early July, but the overall market is weak and stable.
Fujian: After cement prices in Fujian were pushed up in mid-June, they generally fell back to the level before the rise in recent days. Affected by the cost decline, coupled with the off-season demand, the shipment volume of commercial mixed enterprises is low, and some commercial mixed enterprises in Xiamen, Quanzhou, Zhangzhou and other places in southern Fujian have followed up with a decline of about 2-5 yuan per square meter. At present, the quotation of the rest of the market is stable, but there is also downward pressure.
Jiangxi: This week, the overall price of concrete in Jiangxi is stable, the market supply and demand performance is stable, and the price fluctuation is limited. Affected by the hot and rainy weather, the construction progress of some construction sites has slowed down, and the market demand has weakened slightly, but most of the quotations of enterprises remain stable, and the market wait-and-see atmosphere is strong. In terms of raw materials, cement prices continue to be weak, but the transmission effect of the downward cost side on concrete prices is weak, and the willingness of enterprises to adjust prices is generally not high. At present, the mainstream range of C30 non-pumping tax-inclusive price in Jiangxi is still around 260-280 yuan per square meter.
Anhui: This week, the concrete market in Anhui continued to be weak, and the overall price was stable and weak. Affected by the continuous decline in the prices of raw materials such as cement, the production cost of concrete was further reduced, the progress of superimposed downstream construction projects was slow, the market demand was sluggish, and the shipments of commercial mixing enterprises were generally low. In some regions, due to the pressure of capital repayment, the competition among enterprises has intensified, the phenomenon of low-price shipment has increased, and the market quotation has been slightly loosened.
Shandong: This week, the market price of concrete in Shandong continued its downward trend, which was mainly affected by the weakening of market demand and the falling cost of raw materials. The progress of downstream construction projects slowed down, new projects were insufficient, the overall demand for concrete was weak, and the shipments of enterprises generally declined. In order to ease the inventory pressure, some mixing stations slightly lowered their quotations to promote the transaction, which led to the downward shift of the focus of the market transaction price.
Zhongnan: The price of concrete in Zhongnan market continued to decline
. Guangdong and Guangxi: In the low season of Meiyu demand, the construction volume of construction sites in Guangdong and Guangxi decreased significantly, and the enthusiasm of mixing stations to pull goods was not high. In addition, the price of raw material cement continued to decline, and the price of commercial mixing declined accordingly. It is reported that during the week, the market of concrete in Guangdong and Guangxi has generally declined by about 5-10 yuan per square meter, and some markets are fiercely competitive, with a greater decline. At present, the mainstream quotation of C30 non-pumping tax-inclusive price in Guangzhou is about 280-300/square, and there is still room for specific transactions.
Two lakes region: This week, the concrete market in Hunan and Hubei regions maintained a weak operation, the continuous rainy weather affected the downstream construction, the pressure of superimposed capital repayment was greater, the progress of some projects further slowed down, the market demand performance was low, and the overall shipment volume declined significantly. In terms of price, at present, the mainstream of C30 non-pumping tax-inclusive price in Hunan and Hubei is maintained at about 260-290 yuan per square meter, and the price in some markets has been slightly reduced due to intensified competition.
Southwest China: In the off-season of the market, the price of concrete is weak
. Sichuan-Chongqing region: The market demand pattern of cement and concrete in Sichuan region shows distinct characteristics, mainly relying on the strong support of industrial and infrastructure projects, while the demand for housing construction is flat. Recently, with the continuous rainy weather, the market has entered the traditional off-season, and concrete shipments continue to show a small fluctuation trend in the short term. At the same time, the further decline of raw material prices also makes the overall price of concrete show a stable and weak trend. Chongqing is also under the shadow of the traditional off-season, the market demand is tepid, and the market is generally stable.
Yunnan-Guizhou region: The market demand in Yunnan-Guizhou region continues to be sluggish, as if shrouded by a layer of haze. This week, the cement and concrete market prices in Yunnan and Guizhou have generally maintained a weak and stable situation, struggling to move forward in the predicament of imbalance between supply and demand.
Market outlook forecast: due to continuous rainfall and high temperature to suppress demand, downward pressure on raw material prices continues to be transmitted. It is expected that the national concrete market will remain weak next week (6.30 ~ 7.4).
浙公网安备33010802003254号