Cement Network Weekly Report: Concrete Prices in Central and South China Are Stable and Weak (2.10-2.14)

2025-02-14 16:52:05

The price of mixed commodities in central and southern China is stable and weak.

China Cement Net Market Data Center News: The price of commercial mixing in central and southern China is stable and weak.. (More prices of commercial mixing in central and southern China)

Guangdong and Guangxi: At present, most workers from other provinces have not yet arrived at their posts, and the overall operating rate of construction sites and mixing stations in Guangxi market is not high. The market demand has only recovered by about 2-3%, and there has been no significant adjustment in the quotation of enterprises. The recovery of the market in Guangdong is relatively better, but the recovery of demand is still limited, and the mixing station enterprises only deliver goods sporadically, among which the transaction price of some enterprises in the Pearl River Delta market may be loosened or declined by about 5-10 yuan per square meter, while the rest of the market is temporarily stable.

Two lakes area: After the Spring Festival, the market starts the recovery process after the festival, but the whole is still in the slow starting stage. On the demand side, most of the projects are still in a state of shutdown or semi-shutdown, and the rate of workers returning to work is low. Only a small number of livelihood security projects and key projects have begun to resume construction gradually, but the construction progress is slow and the demand for concrete is small. On the supply side, although most concrete enterprises have resumed work normally, the overall demand is weak due to insufficient downstream demand and low shipments. At present, the mainstream market price of C30 non-pumping tax in the two lakes area is basically maintained at about 280-340 yuan per square meter.

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This week, the pace of downstream resumption of work in most regions of China is still relatively slow, coupled with the unstable support of the cost side, the price of concrete has declined steadily. From February 17 to February 21, the national concrete price index closed at 100.27 points, down 1.76% annually and 19.23% year-on-year.