Weekly Report on Concrete: Weak Supply and Demand in North China Market, Price Callback and Light Transaction

Beijing-Tianjin-Hebei region: Recently, the concrete market in the Beijing-Tianjin-Hebei region has shown a cost-driven rising trend. Influenced by the rising price of raw materials, the leading mixing stations in Beijing and Tianjin have successively notified to raise the price of concrete by 20-40 yuan per square meter, and some areas in Hebei also have the intention to follow up. In the short term, under the game pattern of "rising cost-sluggish demand", the market will maintain a tentative upward trend.

Shanxi and Inner Mongolia: At present, the concrete market in Inner Mongolia and Shanxi as a whole shows a trend of weak demand and recovery pressure. The recovery of concrete market demand in both places is insufficient, the shipment volume remains low, the market activity is low, and the price adjustment space is limited in the short term.