Cement Network Weekly Report: Weak and Stable Operation of National Concrete, Weak Supply and Demand, Price Pressure (9.8-9.12)

On September 12, the National Concrete Price Index (CEMPI) closed at 92.33 points, 18.41% annually, down 0.06% year-on-year.

The national concrete market continues to operate weakly and steadily, the terminal demand continues to be depressed, the slow return of funds and the lack of new projects restrict the market vitality. The supply and demand in the northern region are both weak, and the price is stable at a low level; although there is an intention to push up the price of raw materials in East China, Central South China and Southwest China, the demand support is insufficient, the competition among enterprises is fierce, and the overall price is mainly stable, with a partial decline. The short-term market lacks upward support, so we need to pay attention to the availability of infrastructure funds and the start-up of key projects.