Weekly Report of Concrete: Continued Weak and Stable, Low Price Fluctuation (8.24-8.28)

On August 28, the National Concrete Price Index (CEMPI) closed at 86.91 points, down 0.02% annually and 6.58% year-on-year.

The national concrete market has continued the weak and stable pattern since the middle and late August. The demand in Northeast China is stable, the inventory is high, and the price of commercial concrete is weak and stable; the cost support of regional differentiation is different, and the concrete market in North China is stable; there is no obvious improvement in the demand side of the concrete market in Northwest China, and there is no room for adjustment in the rise and fall; the quotation of concrete in East China is weak and stable as a whole, and the price of cement may rise in a wide range after September, and the quotation of commercial concrete may be expected to rise at that time; The cost conduction is fatigue in the southwest region, and the concrete market is stable and weak; the cost conduction in the central and southern region is stable and weak, the cost conduction in the two lakes region is weak and stable, and the average price in Henan is stable. With the slow release of terminal demand and the limited cost support of raw materials such as cement, the driving force of price rise is generally insufficient.