On August 8, the National Concrete Price Index (CEMPI) closed at 93.45 points, down 0.24% annually and 18.74% year-on-year.
The national concrete market as a whole continues to be weak, with weak demand and price pressure coexisting. In most areas, the construction progress was affected by high temperature and rainfall, and the projects were reduced due to the shortage of funds, and the shipments of mixing stations were hovering at a low level. The price of raw materials continued to decline, the cost support weakened, and many places adopted the strategy of "price for quantity". The regional differentiation is obvious: the demand in Xinjiang increases due to the support of key projects, the competition in Guangdong stabilizes due to the reduction of foreign enterprises, and the price of Yunnan and Guizhou may rise due to the price of cement; while the demand in Northeast, Northwest (except Xinjiang), Jiangsu, Zhejiang, Shanghai, Hunan, Hubei, Sichuan and Chongqing is low, and the price is weak. Beijing-Tianjin-Hebei, Shanxi and Inner Mongolia show a weak balance, while Shandong and Fujian have lowered their prices due to fierce competition. The short-term market is hard to see a rebound, and is expected to continue weak consolidation.