Weekly Report of Concrete: Weak Operation, Low Demand for Concrete in China, Weak and Stable Price or Dark Drop (5.25-5.29)

On May 29, the National Concrete Price Index (CEMPI) closed at 89.44 points, down 0.23% annually and 10% year-on-year.

The national concrete market as a whole continues the off-season pattern of "low demand and price pressure". The overall performance is "weakening cost support, weak terminal demand, weak price stability or dark drop". At present, the national concrete price is weak, and the price continues to bottom out, but the decline is limited. The market demand in Northeast China shrank significantly, the rising cost of raw materials has not yet been transmitted, and the price is stable with a dark drop; the rainfall in North China and the insufficient construction of key projects, the sluggish demand in Beijing, Tianjin and Hebei, and the price is under pressure; the price in Shanxi and other parts is stable and slightly rising due to the promotion of cost; the volume and price in East China are weak in the traditional off-season. The price of sandstone and cement is loose and has been lowered in many places; central and southern China: large regional differences (pattern differentiation). The market in Guangdong, Guangxi and Hunan is weak, and the price is falling; the market in Hainan is strong in the whole country, and the price is high; the southwest: Sichuan and Chongqing are affected by the rain, the demand is weak, and the price has a downward trend; the demand in Yunnan and Guizhou is not significantly improved, and the market is deadlocked; the northwest: the demand in Shaanxi, Gansu, Ningxia and Qinghai is insufficient, and the quotation in southern Xinjiang is driven by infrastructure, showing regional differentiation, and the overall market is weak and stable.