Weekly Report of Cement Network: Upstream cement is pushed up frequently, terminal demand is weak, and it is difficult for the national concrete price to rise (10.19-10.23)

On October 23, the National Concrete Price Index (CEMPI) closed at 86.76 points, down 0.13% annually and 4.88% year-on-year.

This week, the regional differentiation of concrete in China, the weakening of market demand in the three northern regions, and the concentrated rise of cement in East China, Central South and Southwest China, but the cost transmission to the downstream is generally blocked, and the market mostly maintains a weak and stable pattern. The demand in Northeast China weakened, and the price remained weak and stable; the demand in Northwest China continued to decline, and the market continued to be weak; the regional differentiation in North China continued, and the short-term price was mainly stable; the cost-driven price rise in East China, and the terminal transmission was blocked; the cement in Central and South China continued to push up, and the commercial concrete was still in a low and weak state; the concentrated push up in the upper reaches of Southwest China was difficult to implement, and the overall operation of the commercial concrete was weak and stable.