Concrete Weekly Report: Weak Supply and Demand in Southwest Concrete Market

Sichuan and Chongqing: At present , the concrete market in Sichuan is weak. Affected by the weak demand for housing construction and the limited increment of key projects, although the cost remains high, the intensified market competition hinders the transmission of raw material costs, and the industry generally enters the dilemma of "price for quantity". Prices are still under pressure in the short term.

Chongqing: The recent performance of the concrete market in Chongqing is flat, and the recovery of the demand side is less than expected. Affected by the continuous rainy weather, the construction progress of downstream construction sites has generally slowed down, which directly leads to the reduction of actual concrete consumption.

Yunnan: The current concrete market in Yunnan continues the pattern of weak supply and demand. Although the off-peak production in the second quarter eased the inventory pressure, and enterprises in Kunming and other places tried to push up the cement price by 40-70 yuan/ton to repair the profit, the actual implementation was affected by the insufficient recovery of housing construction demand, and there was a situation of "open rise and dark stability".

Guizhou: Guizhou market prices are basically stable this week, although the construction site is expected to gradually return to normal, but affected by a variety of factors such as funds, demand continues to be weak.