Weekly report of concrete: the off-season effect continues to be suppressed, and the concrete market is running steadily and weakly (6.29-7.3)

On July 3, the National Concrete Price Index (CEMPI) closed at 88.51 points, down 0.11% annually and 8.31% year-on-year.

This week, the national concrete market continued the pattern of weak operation in the off-season, the demand side was suppressed by Meiyu and high temperature, and the overall price showed a trend of "weak volume and price, regional differentiation". The Beijing-Tianjin-Hebei concrete market in North China continued to be weak as a whole, and the demand side continued to be weak. Although some regions tried to push up the price of cement, the actual implementation was limited and failed to effectively transmit to the concrete side. Affected by factors such as high temperature and Meiyu in East China, the pace of downstream construction has slowed down significantly, and the shipments of mixing stations have continued to decline. The central and southern regions are weak and stable as a whole, and the regional differentiation is obvious. Southwest Sichuan and Chongqing market experienced a tentative rise driven by cement costs, but the downstream demand did not follow up enough, and the rise failed to run through the whole month. Demand in Northeast and Northwest China continued to be light, shipments of mixing stations remained low, cost support was insufficient, and prices did not fluctuate significantly.