In December, the lowest temperature zero line in China moved further southward, the situation of construction projects in various places was gradually increasing, and the trading atmosphere in the concrete market was obviously weak. At the same time, affected by capital factors, the demand for rush work in the southern region is weaker than that in the same period in previous years, and concrete shipments are at a low level. In terms of cost, although upstream cement enterprises have the willingness to stabilize prices, the actual focus of transactions has fallen, and the pressure on concrete enterprises has gradually decreased. Overall, in December, the domestic concrete market off-season atmosphere is getting stronger, and the focus of transactions continues to decline.
By the end of December, the National Concrete Price Index (CONCPI) closed at 349.94 points, down 0.85% from the end of November and 10.74% from the same period last year.
In December, the average price of concrete in 29 provincial capitals fell in 12 cities, seven more than in November, and rose in one city, five less than in November.
Among them, the decline in Tianjin market is larger, the average price of concrete fell by 4.25%, followed by Beijing and Shaanxi, the average price of concrete fell by 1.68% and 1.30% respectively; The average price of concrete in Shanxi, Jiangxi, Zhejiang, Hebei, Liaoning, Jilin, Hubei, Hainan and Guangdong markets fell between 0.11% and 0.89%.
Yunnan market continued to rise, and the average price of concrete increased slightly by 0.32%. The average price of concrete in other provincial capitals in China remained stable.
Figure: Average price change of C30 ready-mixed concrete in 29 provincial capital cities in China (%)
Data source: Cement Big Data (https://data.ccement.com/)
Table: C30 ready-mixed concrete in 29 provincial capital cities in China in December Average Price and Change (yuan/m3,%)
Data Source: Cement Big Data (https://data.ccement.com/)
