Concrete Weekly Report: Sluggish Demand, Weak Concrete Price (11.3-11.7)

On November 7, the National Concrete Price Index (CEMPI) closed at 90.90 points, down 0.15% annually and 19.18% year-on-year.

Recently, the overall performance of the national concrete market demand is not good, and the market is gradually entering the traditional off-season. As the temperature in the north continues to drop, most projects in the northeast and northwest regions have entered the shutdown stage, the market demand has shrunk significantly, and the shipment volume is generally lower than normal level. Affected by the shortage of funds and the lengthening of the repayment cycle in North China, the shipment rate of mixing stations remained low, enterprises mainly maintained cash flow, and prices were weak and stable. The market differentiation in East China is obvious, and Anhui is driven by the rising price of cement, but the demand support in Jiangsu, Zhejiang, Fujian and other places is insufficient, and the price rise is fatigue, showing a trend of "rising first and then declining". The supply and demand of Guangdong, Guangxi and Hunan markets in central and southern China are weak, while the demand in Henan continues to be depressed and the price is low and stable. Southwest China is stable as a whole, the Sichuan-Chongqing market is stable due to cost support, and the lack of demand in Yunnan and Guizhou restricts the market recovery.