Concrete Weekly Report: North Enters Winter Break, South Demand Recovery fatigue (11.24-11.28)

On November 28, the National Concrete Price Index (CEMPI) closed at 90.44 points, down 0.03% annually and 19.5% year-on-year.

This week, the national concrete market continued to be stable and weak, with obvious regional differentiation characteristics. The northern region gradually entered the winter break, the northeast market was basically over, the demand in the northwest and north China continued to shrink, and the price was weak and stable; the overall performance of the southern market was flat, the East China region was partially fine-tuned due to the rising cost, the demand in the central and southern regions did not improve, and the southwest region was mainly stable. The fluctuation of cement price on the cost side is limited, the support for commercial mixing is insufficient, coupled with the increasing financial pressure at the end of the year, the market as a whole maintains a low inventory operation.