Weekly Report of Concrete: Weak Supply and Demand and Weakened Cost Support, Price May Have Pressure Risk (12.22-12.26)

On December 26, the National Concrete Price Index (CEMPI) closed at 90.39 points, flat on a month-on-month basis, down 18.85% year-on-year.

This week, the national concrete market price maintained the situation of weak volume and price. Outdoor construction in Northeast China is basically over, and the market is at a standstill; affected by snowfall and low temperature in Northwest China, large areas of construction sites are shut down, and both supply and demand are weak; environmental protection control and low temperature weather in North China are double constraints, and the price is low and stable. In East China, the cost of cement is falling, and the price may be under pressure; in Southwest China, the demand differentiation is obvious, and the quotation is mainly stable for the time being; in Central and South China, the cost of cement is still rising, but the demand is low, the terminal transmission is not good, and the overall quotation of concrete is weak and stable.