Weekly Report of Cement Net: The upward support of the cost side is strengthened, and the overall price of concrete across the country is stable this week (9.14-9.18)

On September 18, the National Concrete Price Index (CEMPI) closed at 86.56 points, down 0.05% annually and 5.67% year-on-year.

This week, the national concrete market as a whole maintained a low and stable operation situation, the terminal demand continued to be weak, and the trend of North-South differentiation was obvious. Northeast China is mainly stable due to stable operation and limited cost transmission; Northwest China continues to be weak and stable, and it is difficult to ship due to capital and weather constraints; North China and Northern Hebei are expected to follow the rise driven by the increase in cement prices, and the prices of Shanxi and Inner Mongolia remain low due to weak demand; East China has slightly increased cement costs but insufficient demand support, and most of the markets are stable and wait-and-see with the fine-tuning of costs; The transmission of raw material price increase to concrete is blocked due to the weak demand and stable low price in the central and southern regions; the raw material price increase in the southwest region underpins the market differentiation and stability, and the downstream fatigue leads to the lag of price increase.