Cement Weekly: significant regional differentiation, weak demand to support fatigue, the overall price of weak and stable operation, some regions or small downward pressure (1.12-1.16)

On January 16, the National Concrete Price Index (CEMPI) closed at 90.23 points, flat on a month-on-month basis, down 17.56% year-on-year.

This week, the national concrete market showed a trend of regional differentiation. With the deepening of winter break in the north, the price of construction suspension in the northeast is stable; the construction in Gansu and other places in the northwest is stagnant, the cost in Shaanxi is under pressure but the demand is weak; the operation in Beijing, Tianjin and Hebei is stable, and the demand for production restriction in central and southern Hebei is low. The demand in the south is under pressure, and the demand in some parts of East China is in a rush, but it may fall off a cliff in the latter half of the year; the demand in Fujian and Jiangxi is declining and the price is adjusted; the demand in Guangdong, Hunan and Henan is weak and stable; the demand in Sichuan, Chongqing, Yunnan and Guizhou in the southwest is reduced and the price is stable. The overall operation is weak and stable, the cost fluctuation is limited, the financial pressure intensifies at the end of the year, and there is a small downside risk in some regions.