On May 30, the National Concrete Price Index (CEMPI) closed at 99.35 points, down 0.1% month-on-month and 16% year-on-year.
This week, the national concrete market continued to operate weakly. The southern market was generally under pressure, South China, Southwest China, Jiangsu, Zhejiang and Shanghai were affected by the continuous rainfall and rainy season, the construction demand contracted, the prices of cement, sand and other raw materials continued to bottom out, and the prices of commercial mixing in many places declined. The performance of the northern market in Northeast China was stable, and the demand for infrastructure underpinned the demand; while North China and Northwest China continued to be weak due to the downturn in housing construction and the collapse of costs. Commercial mixed enterprises across the country generally exchange quantity for price, and the short-term weak pattern is hard to change.
Shanxi, Inner Mongolia: This week, Shanxi, Inner Mongolia concrete market as a whole continued weak operation. Affected by the decline in cement prices in Shanxi, the cost support of commercial mixing has weakened, and the actual transaction has declined slightly. The price of commercial mix in Inner Mongolia is temporarily stable, and in the short term, the market will still maintain a pattern of weak volume and price.
Fujian: During the week, the price of concrete in Fujian was weak and stable. Rainy weather is in the majority, the construction progress of some projects is slowing down, the enthusiasm of pulling goods is not high, the shipment volume of commercial mixed enterprises is general, and the overall market price is weakening. It is reported that the price of cement in the province may be expected to rise in early June, but there are many unfavorable factors such as high temperature in Meiyu and high school entrance examination, which make it difficult for demand to support the price rise, and the implementation remains to be observed.
Jiangxi: This week, the price of concrete in Jiangxi maintained a narrow fluctuation pattern, and the overall market was mainly stable. In terms of raw materials, cement prices in Jiangxi continued to fall by about 20-30 yuan/ton, but there was no significant reaction in the concrete market, and prices remained low and stable. At present, the mainstream range of C30 non-pumping tax-inclusive price in Jiangxi is still stable at around 260-280 yuan/m3. It is expected that the demand side will be affected by the rainy season or will be slightly under pressure in the short term, but the downward space of the price is limited.
Anhui: This week, the overall price of concrete in Anhui maintained stable operation, and the local market was affected by the fluctuation of raw material prices and the difference of project commencement, and the price was adjusted in a narrow range. In terms of downstream construction, the progress of infrastructure projects was relatively stable, but the demand for housing construction was still weak. Combined with the financial pressure at the end of the month and the intermittent impact of high temperature weather, the purchasing volume of concrete at some construction sites contracted, and the market atmosphere was weak.
Shandong: This week, the overall concrete market in Shandong is mainly weak. The market demand is insufficient, there is no significant increase in the shipment of mixing stations, plus the price of raw cement has fallen, the price of concrete is unable to support, and the market is mainly weak.
Two lakes region: This week, the concrete market demand in Hunan and Hubei maintained a downturn, and the overall price was stable and weak. The shipments of mixing stations are generally low, and the inventory pressure of some enterprises has further increased. In terms of raw materials, cement prices are weak as a whole, and continue to fall in some areas. At present, the concrete market is mainly stable. At present, the mainstream price of C30 non-pumping in Hunan area is about 250-290 yuan/square meter.
Yunnan: The concrete market in Yunnan is stable and weak this week. The price of cement in Kunming and Qujing in central Yunnan was stable, but the construction slowed down due to the rainy season, and the shipment volume of commercial concrete decreased; the infrastructure demand in Honghe and Wenshan in southern Yunnan was stable; Dali and Baoshan in western Yunnan were impacted by the low price of cement in Guizhou, and some enterprises secretly lowered their quotations. It is expected that the continued rainy season will intensify demand contraction and downward pressure on prices.
Guizhou: This week, the commercial mixed market in Guizhou continued to be depressed, the pressure of capital repayment of downstream construction sites did not ease, the number of new infrastructure and housing construction projects was still at a low level, the market demand side support was insufficient, and the overall market was weak.
Market outlook forecast: The market is suppressed by the rainy season and weak demand. It is expected that next week (6.2 ~ 6.