Weekly Report of Cement Net: The transaction of concrete stagnated before the festival, and the market price declined steadily (1.13-1.17)

2025-01-17 17:17:59

Near the Spring Festival holiday, the downstream is generally closed for holidays, the concrete market is basically at a standstill, and the quotation of enterprises is steadily declining. From January 13 to January 17, the national concrete price index closed at 106.63 points, down 1.95% annually and 14.26% year-on-year.

From January 13 to January 17, the national concrete price index closed at 106.63 points, down 1.95% annually and 14.26% year-on-year. Regionally, local concrete prices in Qinghai, Liaoning, Hunan, Jiangxi, Fujian, Hubei, Gansu, Shanghai, Guangdong, Jilin, Zhejiang, Hebei, Hainan, Guangxi, Jiangsu and Shandong have been reduced by 10-30 yuan per square meter, while concrete prices in other provinces and cities in China remain stable.

Figure 1: Trend

of Concrete Price Index in the Past Year Data Source: Cement Big Data (https://data.ccement.com/)

I. From the perspective of regional market conditions

, from January 10 to January 17, The concrete price index in Northeast China and Central South China fell by 3.70% and 2.94% respectively; the concrete price index in East China, Northwest China and North China fell by 1.84%, 1.10% and 0.77% respectively; the concrete price index in Southwest China remained stable.

Table 1: Comparison

of Concrete Price Indices in Six Regions Data Source: Cement Big Data (https://data.ccement.com/)

The concrete market in different regions is as follows:

All can be viewed after purchase
Correlation

According to the information from China Cement Market Data Center, the demand in Northwest China is weak, the demand in Guanzhong of Shaanxi has reached the peak, but the enterprises have stabilized the price to support the market, and the pressure of dark drop is looming; the price depression in Ningxia continues to impact the market in Gansu and Shaanxi; the situation of maintaining stability in Xinjiang is remarkable.