Concrete Weekly Report: Commercial Concrete Market in Northwest China Continues to Be Weak (5.6 ~ 5.9)

2025-05-09 15:33:00

The commercial mixed market in Northwest China continued to be weak.

This week, the concrete market in Northwest China continued to be weak, cement prices were dragged down by overcapacity and low demand, and the cost of commercial mixing was insufficient. Downstream infrastructure projects are advancing slowly, demand for housing construction is shrinking significantly, and the average daily shipments of mixing stations in Shaanxi, Gansu and other places are less than 50% of the normal. Competition in core markets such as Xi'an and Lanzhou has intensified, and inventory pressure in Ningxia and Xinjiang is still controllable, but the contradiction between supply and demand continues to highlight, the short-term market is still in a weak position, and the momentum for recovery is insufficient.

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Correlation

Concrete Weekly Report: Commercial Concrete Market in Northwest China Continues to Be Weak (5.6 ~ 5.9)

The commercial mixed market in Northwest China continued to be weak.

2025-05-09 15:33:00

CEMPI

105.29

-0.38 -0.36%

CONCPI

94.30

-1.31 -1.37%

CLKPI

104.52

-0.09 -0.09%

SPPI

45.16

+0.02 +0.04%

MORPI

76.51

-0.42 -0.55%

Cement Network Report: Ethiopia Pioneer Cement Plant Expansion Project Completed, Annual Cement Production Capacity Has Reached 20 Million Tons

The expansion project of Pioneer Cement Plant was completed and the Ethiopian President attended the opening ceremony. The project is a joint venture between Egyptian and Chinese investors, creating 550 direct jobs. Ethiopia's mining minister said that the annual cement production capacity reached 20 million tons, and efforts are being made to increase production. Ethiopia has expanded its production capacity in many fields to help the construction industry. Pioneer Cement Plant has put high-quality cement into production, increased production capacity and played an important role in many aspects. The utilization rate of Egyptian cement production capacity is about 50%, and export is crucial to improve the utilization rate, but as a landlocked country, export is facing challenges.