Weekly Report of Cement Net: Slow Recovery of Concrete Market in Southwest China, Weakening of Price (3.3-3.7)

China Cement Net Market Data Center News: The recovery of the concrete market in the southwest region is slow, and the price is weakening.. (More prices for commercial mixing in the southwest region)

Sichuan: The pace of resumption of construction sites in the Sichuan region is slow. Concrete shipments only recovered to 50-60% of the normal level, with Chengdu, Mianyang and other core areas recovering relatively fast, but the overall level is still lower than same period. Although cement enterprises push up the price of clinker through off-peak production, the concrete industry is constrained by overcapacity and the extension of downstream repayment cycle, which hinders cost transmission, and most mixing stations choose to reduce profit margins to maintain market share.

Chongqing: The recent recovery of the concrete market in Chongqing is slow. In terms of raw materials, cement enterprises try to push up prices, but the actual implementation resistance is greater, and the game between supply and demand intensifies. With the warming of the climate and the gradual arrival of funds, the demand for concrete is expected to be repaired.

Yunnan-Guizhou region: The construction of construction sites and mixing stations in Yunnan region is not satisfactory, and the overall market demand recovers slowly. This week, the commercial mixed market in Yunnan is mainly stable. The market demand for concrete in Guizhou is still weak. Although some projects have been started one after another, the overall construction progress is slow and the demand for concrete is limited.